2101-3 Drescher Street, San Diego, CA 92111
Local realty services provided by:ERA North Orange County Real Estate
2101-3 Drescher Street,San Diego, CA 92111
$1,190,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ryan schuder
Office: united real estate san diego
MLS#:PTP2607928
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,190,000
About this home
Rare Linda Vista duplex in a highly convenient location, offering remodeled, income-producing units today and exceptional development potential tomorrow. 2022: both 2BR/1BA units fully remodeled with updated kitchens and baths, new flooring, dual-pane windows, mini-split heating/AC (six heads total), instant electric water heaters and updated electrical. 2024: all plumbing retrofitted, including 4" ABS sewer lateral to the main. Paid-off solar grandfathered on SDG&E Net Energy Metering 2 with approx. 15+ years remaining, a valuable rate structure new solar no longer qualifies for, helping keep utility costs low. Sizable driveway for off-street parking, shared washer/dryer on site, and notable ocean views. Development upside: the approx. 9,514 sf lot is zoned RM-3-7 (base density approx. 9 units) and sits within the City's Sustainable Development Area, Transit Priority Area and Complete Communities Housing Solutions FAR Tier 4. Under the Housing Solutions program, qualifying projects that deed-restrict 40% of base units as affordable may build up to 4.0 FAR (roughly 38,000 sf of floor area), with height governed by FAR, no required parking near transit, and potential for 25+ units. Collect rent now, build later. All this, just a short stroll to the Linda Vista Plaza Shopping Center, nearly a mile to USD, minutes to Fashion Valley, Mission Valley and the I-8/163 corridors, and steps to the bus line. Buyer to verify zoning, density and development potential with the City of San Diego. Renderings are conceptual and not approved plans....
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Home facts
- Listing ID #:PTP2607928
- Added:5 day(s) ago
- Updated:October 27, 2026 at 04:16 PM
Finances and disclosures
- Price:$1,190,000
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