CITY APPROVED PLANS!!! Rare development opportunity in San Diego’s 92102 — with a rare financing edge. This 3BR/2BA, 1, 313 sqft home sits on a 5, 129 sqft lot and carries an assumable FHA loan at just 2.75%, a major advantage in today’s rate environment. The real value: city-approved plans to build 4 units totaling 3, 839 sqft (10 bedrooms, 8 bathrooms). The slowest, riskiest, most expensive phase of any project — securing city approval — is already behind you, giving builders and investors a clear head start toward execution and after-repair value. Hold or rent the existing home while you plan, or move straight to construction. Ideal for developers, investors, and value-add buyers seeking scale in a supply-constrained market. Buyer to independently verify all plans, permits, and development rights with the City. Assumption subject to lender approval and buyer qualification.
- Swimming Pool:
- N/K
- Heating System:
- Wall/Gravity
- Cooling System:
- Other/Remarks
- Fence:
- Full, Gate
- Parking:
- None Known
- Laundry Features:
- Other/Remarks
- Sewer:
- Sewer Connected
- Appliances:
- Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Washer, Dryer
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Community:
- SAN DIEGO
- Zipcode:
- 92102
- Street:
- Gillette Street
- Street Number:
- 3280
- Longitude:
- W118° 52' 37.3''
- Latitude:
- N32° 42' 22.5''
- Mls Area Major:
- Metro Central
- Office Name:
- Real Broker
- Agent Name:
- Keegan Wetzel
- Building Size:
- 1313
- Construction Materials:
- Stucco
- Garage:
- 8
- Levels:
- 1 Story
- On Market Date:
- 2026-07-24
- Stories Total:
- 1
- Water Source:
- Available
- List Agent Mls Id:
- 698508
- List Office Mls Id:
- 7899
- Listing Term:
- Assumable, Cash, Conventional, Exchange, FHA, VA
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-07-25T00:46:04Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential For Sale 3 Bedrooms 3280 Gillette Street, San Diego, CA 92102 - Scottway - San Diego Real Estate
3280 Gillette Street, San Diego, CA 92102
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 260018219
- Price :
- $850,000
- Bedrooms :
- 3
- Bathrooms :
- 2
- Square Footage :
- 1,313
- Year Built :
- 1955
- Status :
- Active
- Full Bathrooms :
- 2
- Property Sub Type :
- Detached
- Roof:
- Flat
