535 Dodson St. San Diego CA 92102 – SOLD

See below: Property Info, Photos, Videos, Offer Instructions

Price $250,997 to $295,997 ARV $460,000 Call Wayne Stephens DRE #01908644 at 858-240-2088 or email wayne@fasteasyhomes.com with questions.     Submit offers: offerfeh@gmail.com
ALL BEST and FINAL OFFERS in by 9 am Monday Important to contact us by email or even calling before viewing the property for pad lock combination code and to make sure we are accepting offers. Make sure you put the combo locks on the gates when you leave the property. Investors and real estate agents bring us a buyer and co-wholesale this property so you get $2000

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PROPERTY INFO

2 bed, 1 bath, 1,146 sq ft, lot 5,001 sq ft, built 1921 zoned CC 2-1, Zone allows community-serving uses intended to accommodate development with strip commercial characteristics, SFR currently, Mechanicals need a lot work if you keep the structure, Could be rebuilt as a 3 or 4 bedroom house or multi-units like the property next door, Structure and land in place for enlargement, Patio could be converted to bedrooms and add bath, Permits up in the air, Damaged by fire few years ago, Roof needs replacing , has a tarp on the central part of the roof, Electrical unit gone, didn’t see gas or water unit either from our inspection, Opportunity to build after the first flight of stairs, Foundation seems good, Good possibility for increased rental income if you rezone and convert to units, Most likely demolish and rebuild, You could rezone from commercial with a residential unit on there to a multi unit like the property next to this one, Vacant squatters left few months ago, Right next Pizza Hut and on the other side of the property there’s a 4 unit, We’re sure you can convert zoning most likely to multi units, I haven’t been inside the house since boarded up by the city however have some inside pictures, 11k-12k in code violations, Looks like a cement block 2 bedroom, The play could be demo the property and put units or a bigger house up there, Solar could be a good idea, Estimated repairs: $80,000 for renovation (everything, etc.), Median rents in area $1395, FSBO property.

COMPS – (click here for comps in PDF)