$1,250,000
$1,349,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/21/2023
Key Details
Sold Price $1,250,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 8P-2304309
Sold Date 11/21/23
Year Built 2023
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
Zoning RM-1-1 Transit Priority
Building
Lot Description Value In Land, Level, Level with Street, Lot 10000-19999 Sqft, Near Public Transit, Corner Lot
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Lic# 01770909 | 01834114