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5649 Lauretta San Diego, CA 92110
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Key Details
Sold Price $1,150,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $1,064
Subdivision Old Town
MLS Listing ID OC25235828
Bedrooms 3
Full Baths 2
Year Built 1956
Lot Size 5,000 Sqft
Property Sub-Type Detached
Property Description
Exceptional investment or redevelopment opportunity in the sought-after Morena District, just minutes from USD, Mission Bay, and Fashion Valley. This 3-bed, 2-bath single-family home sits on a 5,000 sq ft lot with alley access ideal for ADU additions, redevelopment, or multi-unit potential under San Diegos Complete Communities program which extends the density to 4.0 FAR or (20,000 sqft). The existing home offers approximately 1,080 sq ft of living space with classic mid-century charm, a detached garage, and a functional layout ready for renovation or re-use. The propertys location, zoning flexibility, and strong rental demand make it a standout opportunity for builders, investors, and small-scale developers alike. Highlights include, flat 5,000 sq ft lot with alley access, zoned for density bonus / ADU potential (verify with city), centrally located near USD, Mission Valley, and major freeways, minutes to beaches, downtown, and top retail centers, strong rental demand and redevelopment upside. Dont miss this rare chance to secure a property with both short-term income potential and long-term development value in one of San Diegos fastest-growing submarkets.
Location
State CA
County San Diego
Interior
Laundry Washer Hookup
Exterior
Garage Spaces 2.0
View Y/N Yes
Building
Story 1
Sewer Public Sewer
Water Public
Schools
School District San Diego Unified School Distric
Others
Acceptable Financing Cash, Conventional, Exchange, FHA, Seller May Carry, VA, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, FHA, Seller May Carry, VA, Cash To New Loan
Special Listing Condition Standard
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Bought with Lanz Correia Coldwell Banker West
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