3280 Gillette Street ST, San Diego, CA 92102 (MLS # 260018219SD)
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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.
| Last Updated | 7/24/2026 | Tract | San Diego |
|---|---|---|---|
| Year Built | 1955 | Community | 92102 - San Diego |
| Garage Spaces | 8.0 | County | San Diego |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Microwave, Refrigerator |
| AREA | 92102 - San Diego |
| CONSTRUCTION | Stucco |
| GARAGE | Yes |
| HEAT | Electric, Natural Gas |
| LOT | 5127 sq ft |
| LOT DIMENSIONS | 5129 |
| PARKING | Driveway, Other |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | San Diego |
| UTILITIES | Water Available |
Location
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