5305 Santa Margarita Street 07, San Diego, CA 92114

$999,999

bedrooms

bathrooms

square feet

1,812

Acreage

1.05

Open Houses

year built

1959

Full Baths

Half Baths

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Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this don’t come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Don’t let this one slip away—your dream starts here! Lani Sylvas today 619-889-7119 Lani@sandiego-lifestyle.com

Location
Subdivision	-
County	San Diego
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: PTP2502578

Listing agent: Lani Sylvas #01418493

Listing broker: Coldwell Banker West (619) 737-2126

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, April 16 2025 at 10:19 p.m. EDT

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