Prime Hillcrest investment opportunity! This updated bungalow features 2 bedrooms, 2 baths, and a converted garage studio, offering immediate rental income and future development potential. Zoned for multi-unit use, the driveway cutout allows for off-street access, with the potential to expand vertically. The home boasts a newly designed kitchen with quartz countertops, custom cabinetry, and stainless steel appliances, along with redesigned bathrooms and a freshly painted interior and exterior. A newly built wrap-around deck and gated yard with a private front courtyard provide ample outdoor space. Located 5 minutes from San Diego International Airport and steps from Balboa Park, San Diego Zoo, Whole Foods, top dining, and major hospitals, this property offers walkability and convenience. Surrounded by new multi-story developments, Hillcrest continues to grow, making this an ideal purchase for homeowners, investors, and developers. With strong rental demand and increasing property values, this Hillcrest heartthrob is a rare chance to tap into untapped equity in one of San Diego’s most dynamic neighborhoods. Welcome to 3746 10th Ave, San Diego, CA 92103. This charming Hillcrest Bungalow is 2-bedroom, 2-bathroom home blends classic charm with modern elegance, offering 704 sq. ft. of thoughtfully designed living space. Step inside to find a newly painted interior and an inviting open-concept layout. The brand-new kitchen boasts custom cabinetry, sleek quartz countertops, and stainless steel appliances, making it a stylish and functional centerpiece. Both bathrooms have been completely redesigned, featuring contemporary finishes that enhance the home’s appeal. The exterior has been freshly painted, including a newly built wrap-around deck, perfect for enjoying San Diego’s sunshine. The gated yard and front courtyard provide privacy and space for outdoor relaxation. A convertible garage space and long driveway offer convenient parking.Situated just off the 163 freeway, this prime location is within walking distance of Whole Foods, top-rated restaurants, shopping, and the iconic Balboa Park. Don’t miss this opportunity to own a beautifully updated home in one of San Diego’s most vibrant neighborhoods! Although wonderfully updated you’re not just buying the home as it sits, this site offers a Prime Development Opportunity and unique investment opportunity in the Heart of the Vibrant Hillcrest Neighborhood. The existing bungalow includes a converted garage studio, enhancing its rental potential. The lot spans approximately 2,475 square feet and is zoned for multi-family residential use, allowing for potential expansion or redevelopment. Key Features: • Zoning and Lot Size: The multi-family zoning designation permits the development of multiple units, subject to city regulations. The existing driveway cutout offers convenient off-street access, facilitating potential vertical expansion. • Surrounding Developments: Hillcrest is experiencing significant growth, with projects like the 8-story apartment building on Cleveland Avenue, adding 182 units to the local housing supply . Additionally, the FLATS Hillcrest development is introducing 301 residential units, enhancing the neighborhood’s appeal . • Community Enhancements: The recent approval of the Hillcrest Focused Plan Amendment aims to guide neighborhood growth over the next 20 to 30 years, focusing on providing opportunities for a variety of new homes and celebrating the community’s unique culture . Furthermore, the Normal Street Promenade project is transforming the area into a vibrant, pedestrian-friendly destination . Investors and developers have the chance to capitalize on this momentum, tapping into the untapped equity of 3746 10th Ave. With the neighborhood’s upward trajectory and supportive city planning, this property is poised for substantial appreciation and development potential. Prospective buyers are encouraged to consult with the City of San Diego’s Plann…
Lechavarria@onthegorealestate.com
