Listing provided courtesy of Lani Sylvas of Coldwell Banker West. Last updated 2025-02-22 09:11:24.000000. Listing information © 2025 Sandicor.
Asking Price: $999,999
5305 Santa Margarita, San Diego CA 92114
Community: 92114 - Encanto
This property was built in 1959 and is priced at $999,999. Please see the additional details below.
Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Nestled on 1 acre of land, this is a unique opportunity to own two separate homes currently on the property as well as build additional multiple units. This RM-1, 43,738 lot is located in transit priority area, and sustainable development area 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!
