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$ 1,095,000
Est. payment | /mo
0.67 Acres Lot
$ 1,095,000
Est. payment | /mo
0.67 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2501495
HOA Y/N No
Lot Size 0.670 Acres
Property Description
The subject property is approximately 0.67 Acres of land with a site plan for a 16-unit apartment project with 2 ADU's. Additional units may be achieved through density bonus, but all plans need to be approved by the County. Current plans consist of two buildings with 8 units and one ADU each, parking and storage on the first floor, and apartments on the second. The apartments are 2bd/2ba approximately 935- 946 SF. A buyer may take advantage of the work already completed by the seller and move forward with approvals for the current plans, or there may be an opportunity for additional units by attributing a percentage to affordable units.
Location
State CA
County San Diego
Area 92040 - Lakeside
Zoning Urban Residential (RU)
Interior
Fireplace No
Exterior
Community Features Suburban
View Y/N Yes
View Neighborhood
Building
Lot Description 16-20 Units/Acre
Water Well
Others
Senior Community No
Tax ID 3943403900
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Alexandra Bentley • Lee & Associates • abentley@lee-associates.com