$1,250,000
$1,349,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed San Diego, CA 92115
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2304309
Sold Date 11/21/23
HOA Y/N No
Year Built 2023
Lot Dimensions Survey
Property Sub-Type Multi Family
Property Description
Rare and desirable development site located in sought-after "College East" submarket of San Diego. This corner parcel is approx. 11,000 SF and is flat and free of any existing improvements. Zoned RM-1-1 with Transit Priority Area and Transit Area Overlay Zones, preliminary plans envision a three-story multifamily structure tentatively consisting of 10 to 12 units with proposed unit mix consisting of (11) 2bed+1.5bath (860 SF) units and (1) Ground Floor Unit used as a laundry/parcel/meter room, but a buyer may re-work the layout to their own liking. In-depth project summary including floorplan sketches, survey, topographic map and financial analysis is available upon request. Subject site is extremely well-located and within minutes to SDSU, Mission Trails Regional Park, abundant shopping and retail, and all that College East, La Mesa and greater San Diego have to offer.
Location
State CA
County San Diego
Area 92115 - San Diego
Zoning RM-1-1 Transit Priority
Interior
Fireplace No
Building
Lot Description Corner Lot, Level, Near Public Transit, Street Level, Value In Land
Story 3
Others
Tax ID 4690910100
Acceptable Financing Cash, Conventional, Owner Survey, Private Financing Available, Trust Deed
Listing Terms Cash, Conventional, Owner Survey, Private Financing Available, Trust Deed
Special Listing Condition Standard
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Bought with Nicolas Hernandez Top Gun CRE