5305-07 Santa Margarita St, Encanto, CA 92114
- $907,500
- 2
- BD
- 1
- BA
- Sold Price
- $907,500
- List Price
- $999,999
- Closing Date
- May 16, 2025
- Days on Market
- 44
- Status
- CLOSED
- MLS#
- PTP2502578
- Bedrooms
- 2
- Bathrooms
- 1
- Lot Size(apprx.)
- 45,738
- City
- Encanto
- Neighborhood
- Encanto
- Property Type
- Multifamily
Property Description
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 dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here! 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 dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!
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Additional Information
- Lot Size
- 45,738
- Neighborhood
- Encanto
Mortgage Calculator
Listing courtesy of Listing Agent: Lani Sylvas (619-889-7119) from Listing Office: Coldwell Banker West.
Selling Office: Coldwell Banker West.
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