[quote]….It was listed for 499k. It sold for 662k 2856 Harford. Yes, the view was great and great potential….[/quote]
That’s a nice house, jp. It’s technically in or on the border of “Bay Ho” but has a Clairemont zip code.
$662K is a lot for this size house, but it is a wonderful representation of a mid-century view home …. very rare on the market, I’m certain! I would buy it to live in and wouldn’t do too much to it except replace the carpeting and laminate with hardwood floors (or rip it out … maybe they’re already there in some rooms) and the replace the aluminum slider windows with low-e vinyl. The kitchen, paneling and even draperies and shutters are all fine (drapes may need cleaning).
It appears there may be a bit of room to widen the 1.5 car garage (typical for that era) but this would involve a roofline (partial truss) change.
By subterranean parking, are you saying the investors who made an offer on it want to dig the lot out further and put a SFR on top of the new garage … or build multi-family housing? I didn’t think 2-4 units was allowed up there.