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$2,250,000
Est. payment /mo
0.34 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID ND25131173
HOA Y/N No
Annual Tax Amount $8,260
Tax Year 2024
Lot Size 0.344 Acres
Lot Dimensions Assessor
Property Sub-Type Multi Family
Property Description
Calling all developers!. Preliminary review by the city of San Diego has been completed for a five story mixed-use building composed of 44 units including a commercial space at the first floor, and apartments on second to fifth floor. Currently the site has 4 existing buildings: One front commercial space, one duplex, one 3 bedroom 1 bath detached dwelling and a 1 bedroom 1 bath detached studio. All units are tenant occupied so you can continue to collect rent until you obtain permits to start building. Property is centrally located close to freeways, shopping center and downtown San Diego. This is an up and coming neighborhood in the community of Encanto in San Diego County. You'd find a lot of new construction buildings nearby including Encanto Village, Villa Encantada Apartments, Encanto Village Urban, George D. McKinney Retirement Center and other new developments in the area. This area is currently going through a demographic transformation. This area is prime to build.
Location
State CA
County San Diego
Area 92114 - Encanto
Zoning CN 1-4
Interior
Fireplace No
Laundry Inside
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Roof Type Asphalt
Total Parking Spaces 9
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5491401100
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Rafael Mendez • Realty ONE Group Pacific • rafaelmendezrealtor@gmail.com