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Residential Income for sale : 3 bedrooms : 11041 Summit Ave in Santee

11041 Summit Ave Santee

Main Photo: Residential Income for sale : 3 bedrooms : 11041 Summit Ave in Santeebanner
$2,000,000
Prop. Type:
Residential Income
MLS® Num:
260004044
Status:
Active
Bedrooms:
3
Bathrooms:
2
Year Built:
1963
R-7 Zoning! Up to 32 Unit Development Opportunity on this 2.32 Acre Property. This property is the absolute best of both worlds, live in a country-esque environment while only being minutes away from shopping centers and freeways. Fell good knowing you can make this home exactly how you want with your own touches all while knowing you have an incredible growing value in the land you live on. Property shows as 2 units on tax records. Property features fully owned solar, upgraded electrical panel and new roof on main house, all only 2-3 years old. Home is extremely spacious with interior dimensions measuring approximately 2800 sqft. Parcel was approved for up-zoning to R-7 by the City of Santee as part of the 6th Cycle Housing Element. R-7 Zoning allows for 7 to 14 units per gross acre. It is a Medium Density Residential General Plan designation. Per the city's zoning code, the R-7 zone "is intended for a wide range of multiple family residential development types including detached units in planned residential development at the lower end of the density range and attached units at the higher end of the density range." Maximum lot coverage is 55%, maximum height is 35 feet/three stories, and there is no minimum lot size.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
East County
Neighborhood Code:
Santee
Name of Complex/Subdivision:
SANTEE
Building Name:
n/a
Total Building Area:
Switch units of measure2,800 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
3
Bathrooms:
2
Full Bathrooms:
2
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1963
Age (in years):
Switch units of measure63 year(s)
Short Sale:
false
Home Owner Fees:
$0
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, Other/Remarks
Cap Rate.:
0.0
Gross scheduled income:
0.0
Other income actual:
0
Operating expense:
0.0
Gross Rent Multiplier:
0.0
Number of Units:
2
Number of Units with Cooling:
1
Tenant pays:
Other/Remarks
GPS
Site Influences:
Easement Access, Private Street
View:
Panoramic, Parklike
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Miscellaneous:
Value in Land
Exposure Front:
Open Space
Construction Material:
Stucco
Lot Size:
Switch units of measure2.32 acre(s)
Lot Details:
619x161
Parcel Number:
37818008
Heating:
Combination Heating, Fireplace, Pellet/Wood Burning Stove
Heating fuel:
Other/Remarks
Cooling:
Wall/Window
Utilities:
Septic Installed
Spa Features:
N/K
Roof:
Composition
Security:
N/K
Telecommunications:
N/K
Water supply:
Meter on Property
Irrigation:
N/K
Fencing:
Partial
Possession Details:
Close of Escrow, Other/Remarks
Listed by Radius Agent Realty
Data was last updated February 21, 2026 at 03:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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