$1,199,000
Pending
1.50 acres | #230003183SD
Listing OfficeCompass
Type:Purchase
Structure:Land
Zone:Residential

Description

Attention Developers and Home Builders! Existing remodeled home on huge lot with a plethora of options. Room to subdivide the 1.5 acre parcel into possibly 7 additional lots to build 7 new homes (plus the existing home). Ideal opportunity for contractor, home builder, or buyer looking for a larger lot, guest home(s), ADU’s etc. A 5 lot Tentative Parcel Map was previously approved by the city of Lemon Grove, expired Jan 2023. List price range of $999,000 to $1,199,000. According to the city of Lemon Grove, this property is also eligible for the new CA Senate Bill 9 to split the lot into 2 lots with each lot having a home and ADU for a total of 4 homes. The existing home was fully remodeled down to the studs and features A/C, SS appliances, a breakfast bar, master suite w/large master bath, 2 car garage, fenced yard and view. The existing home also includes upgraded plumbing and electrical as well as a large bonus room with it's own entrance that can possibly be converted into an ADU or granny flat. Seller's plans and reports included: Architectural, structural, grading, engineering, water, improvement plans, soil report, and previously approved 5 lot TPM 0189. Rent the existing home while waiting for entitlements. Existing home: 3 Bed / 2 Bath 2,155 sq ft (including the 650 sq ft unpermitted bonus room) Front / West side of lot located at: 2065 69th St Lemon Grove, CA 91945 Additional details of the existing home can be found under the listing at 2065 69th St, Lemon Grove.

  • Property Details
      • Utility FeaturesNaturalGasAvailable, SeeRemarks
      • SubdivisionLemon Grove
      • MLS #230003183SD
      • MLS #230003183SD
      • Utility SourceSeeRemarks
      • Original List Price$1,199,000
      • CountySan Diego
      • Property TypePurchase
      • Cost1199000
      • Acres1.4991
      • Lot DescriptionLevel
      • Property SubtypeLand

Location

Gary HansenReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

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