$850,000
Sold
768 sqft | 2 beds | 1 bath | 0.12 acres | #240018171SD
Listing OfficeFinest City Homes & Loans
Browse 2 photos
Type:Purchase
Structure:House
Zone:Residential

Description

HIGH DENSITY DEVELOPMENT OPPORTUNITY! This charming home sits on a spacious flat lot, offering endless potential for developers. The property boasts a 9,351 FAR, perfect for maximizing buildable space. Located within an Opportunity Zone, take advantage of federal tax incentives while enjoying the benefits of RM 3-7 zoning, allowing one unit per 1,000 sq ft. With a 40 ft height limitation, this property is ideal for multi-story developments. Situated in a Transit Priority Area, no parking is required for new developments, reducing construction costs. Alley access at the rear of the property and its location within a complete communities/bonus ADU area, further enhancing development possibilities. Don’t miss out on this exceptional opportunity to develop in one of San Diego’s most promising areas!

    Location

    EPIC Realty GroupEPIC Realty Group