530 42nd St
San Diego, CA 92102
0.28 acres | #230022320SD
Description
Multifamily Development opportunity on these vacant lots totaling 12,040 SF, Zoned CN-1-4, benefiting from the Complete Communities Zoning overlay allowing you to build up to 105 units! The overlay permits expanded construction beyond standard zoning, and included are plans that are getting approved for 18 units with a very generous unit mix with the foundation permit already approved! The flat/level terrain simplifies development and the two existing structures—a 2 bed, 1 bath home and a detached 2-car garage—only give you more opportunities to develop! Positioned for growth, this property promises a lucrative venture in a high-potential locale. Multifamily Development opportunity on these vacant lots totaling 12,040 SF, Zoned CN-1-4, benefiting from the Complete Communities Zoning overlay allowing you to build up to 105 units! The overlay permits expanded construction beyond standard zoning, and included are plans that are getting approved for 18 units with a very generous unit mix with the foundation permit already approved! The flat/level terrain simplifies development and the two existing structures—a 2 bed, 1 bath home and a detached 2-car garage—only give you more opportunities to develop! Positioned for growth, this property promises a lucrative venture in a high-potential locale.
Property Details
- MLS #230022320SD
- MLS #230022320SD
- Original List Price$1,399,000
- CountySan Diego
- Property TypePurchase
- Cost1199000
- Acres0.2764
- Lot DescriptionLevel
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Voltaire Lepe (#SAND-630418)
Listing Office: eXp Realty of California, Inc. (#SAND-5963)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
