#250000387SD, Abe Peay, Listing Office: South Coast Commercial, Inc.
$10,000
closing credit¹
683133 Amherst St San Diego, CA 92115
Property details
About 683133 Amherst St
Current 4-unit building has very large backyard with ability to build 12 micro units to create a 16 unit apartment community. MASSIVE UPSIDE and seller may be open to staying on to complete the development with buyer. Amazing opportunity to own an income producing 4 unit property in a highly desirable neighborhood near SDSU! All units have been remodeled with new interior/exterior paint, new flooring, new kitchen cabinets/countertop, can lights in every room, remodeled bathrooms, laundry rooms, new windows, new electrical outlets, & new ceiling fans. The renovated units will ensure your income stream is reliable at acquisition with all 4 units currently rented. Additional Opportunity exists with recent law changes allowing for an increased FAR with property having 2,600 sq ft of development space allowing the buyer to build 12 micro units (4 building structures that would each be 3 stories tall) at 210 sq ft/unit to achieve the highest and best use of the property that would perform at a 6.86% cap rate, the micro units would rent out for $1,300/month, excellent for San Diego! The Sellers are willing to assist in helping the new owners build the new ADU units and maximize their investment!
Highlights
Virtual tour
Summary
- MLS Number: 250000332SD
- MLS Name: CRMLS
- Office Name: Compass
- Office Phone: (858) 345-4514
- Office Email: Melanie.fontana@compass.com
- Listing Agent: Seth OByrne
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 2/11/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![exterior space](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1101051515/2003730134994.jpg?version=1737370220&width=640)
$2,095,000
683133 Amherst St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
4
Rolando Elementary School
Public District KG-5
0.5 mi
•6925 Tower St
5
Maryland Avenue Elementary School
Public District KG-5
0.6 mi
•5400 Maryland Ave
5
La Mesa Dale Elementary School
Public District KG-5
0.9 mi
•4370 Parks Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,525. The most common annual income of people living in San Diego, CA is less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 683133 Amherst St
This home is located at 683133 Amherst St in San Diego, CA and zip code 92115 in the Mid-City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $2,095,000.
In January 2025, from all listings sold in San Diego, CA there were more than 155 sold above asking price, over 256 sold below and more than 130 were sold right at the asked price. The number of homes for sale in San Diego, CA increased by 20.9% between December and January 2025. The median list price of listings available in January 2025 was $952,209, while the average time on the real estate market was 33 days.