40
See all 40 photos
$1,199,000
Est. payment /mo
0.28 Acres Lot
Active
530 42nd St #1 & 2 San Diego, CA 92102
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
12/27/2024 06:01 PM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 230022320
HOA Y/N No
Lot Size 0.276 Acres
Acres 0.27
Lot Dimensions 233 x 52
Property 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.
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.
Location
State CA
County San Diego
Area San Diego (92102)
Zoning CN-1-4
Exterior
Fence Full
Building
Lot Description Public Street, Sidewalks, Street Paved
Lot Size Range .25 to .5 AC
Sewer Sewer Available
Water Meter on Property
Schools
Elementary Schools San Diego Unified School District
Middle Schools San Diego Unified School District
High Schools San Diego Unified School District
Others
Ownership Fee Simple
Miscellaneous Value in Land
Acceptable Financing Cash
Listing Terms Cash
Listed by Voltaire Lepe • eXp Realty of California, Inc.
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Carlsbad, CA
- Homes For Sale in El Cajon, CA
- Homes For Sale in Lemon Grove, CA
- Homes For Sale in Del Mar, CA
- Homes For Sale in Santee, CA
- Homes For Sale in Lakeside, CA
- Homes For Sale in Oceanside, CA
- Homes For Sale in Murrieta, CA
- Homes For Sale in Encinitas, CA
- Homes For Sale in San Diego, CA
- Homes For Sale in La Jolla, CA
- Homes For Sale in Chula Vista, CA
- Homes For Sale in Fallbrook, CA
- Homes For Sale in Spring Valley, CA
- Homes For Sale in Spring Valley, Carol Stream, IL
- Homes For Sale in San Marcos, CA
- Homes For Sale in San Marcos Casitas, Yuma, AZ
- Homes For Sale in La Mesa, CA
- Homes For Sale in Solana Beach, CA
- Homes For Sale in Vista, CA
- Homes For Sale in Escondido, CA
- North Carmel Valley