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312123 Emerson St, San Diego, CA, 92106

$1,850,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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312123 Emerson St, San Diego$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1978
HeatingOther
CoolingOther
MLS #240013355SD
StatusActive

About 312123 Emerson St

We are thrilled to present an exceptional investment opportunity at 3121 Emerson St, in the desirable Roseville neighborhood of Point Loma, San Diego. This 3-unit complex features a 2 Bed / 1 Bath house, a 1 Bed / 1 Bath unit, and a non-conforming Studio / 1 Bath that can be converted back into a third bedroom for the main house. The current owner maintains top-of-market rents through mid-term furnished leases. All units have been extensively renovated with new stainless-steel appliances, updated kitchens, bathrooms, and in-unit laundry for the 1 and 2-bedroom units. Each unit has a private entrance, and the main house includes an attached single-car garage. With a Walk Score of 86, the property is just four blocks from Shelter Island. The base zoning RM-3-7 allows a FAR of 1.8, enabling up to 9,162 square feet of construction for roughly 7-10 units. For more ambitious development, leveraging San Diego's Coastal Zone and Coastal Height Overlay Zone increases FAR to 2.5, permitting up to 12,725 square feet and the potential to build 5-15 units. This flexibility offers significant value for strategic investors. The seller is willing to JV the property with the right buyer to capture the full development potential of the property. The home is exquisitely furnished with high-end furniture, and it can be sold furnished, depending on the purchase price. This is an exceptional opportunity for those looking to invest in a truly remarkable property in a prime location.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 1

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (858) 373-3100
  • Listing Agent: Thomas McCartin

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Point Loma High School, Public Magnet Grades 9-12
  • Dana Middle School, Public District Grades 5-6
  • Correia Middle School, Public Magnet Grades 7-8
  • Silver Gate Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: CrossStreet: Locust St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
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MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #240013355SD

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (858) 373-3100
  • Listing Agent: Thomas McCartin

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2024, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$9,301

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1570085
9
/10

  • Silver Gate Elementary School

  • 1499 Venice St

  • 0.51 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1570086
8
/10

  • Dana Middle School

  • 1775 Chatsworth Blvd

  • 0.44 miles

  • Public District Grades 5-6

school-card-donut-1570087
6
/10

  • Correia Middle School

  • 4302 Valeta St

  • 1.47 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-1570088
8
/10

  • Point Loma High School

  • 2335 Chatsworth Blvd

  • 1.01 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 312123 Emerson St

What is the listing price of this property?

The listing price of 312123 Emerson St property is $1,850,000.

What type of property is this?

The property 312123 Emerson St is a house located in San Diego, California, 92106.

Is this property for sale now?

Active Listing: 312123 Emerson St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 312123 Emerson St are:
Silver Gate Elementary School: GreatSchools Rating 9/10
Dana Middle School: GreatSchools Rating 8/10
Correia Middle School: GreatSchools Rating 6/10
Point Loma High School: GreatSchools Rating 8/10

Which year was this property built?

The year of construction for 312123 Emerson St is 1978.

Rocket Homes›California›San Diego County›San Diego›92106›312123 Emerson St

This home is located at 312123 Emerson St in San Diego, CA and zip code 92106 in the Roseville - Fleet Ridge neighborhood. This home was built in 1978. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $1,850,000.

From Rocket Homes Real Estate and based on county public records data.

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