Discover a prime investment opportunity in Lakeside with this 2.5-acre lot offering tremendous potential. The property comprises of 5 lots, with 3 falling under SB-9 zoning, allowing for the construction of up to 8 homes. Positioned in a sought-after Lakeside submarket, this property is an ideal prospect for developers and investors. The sellers are open to financing with a reasonable 25-30% down payment, and terms are negotiable, providing flexibility to match your financial preferences. Considering the robust demand in Lakeside, where the average new construction home sale is $1,000,000, this project holds the prospect of an impressive $8,000,000 in total revenue —a testament to the substantial return on investment awaiting savvy developers or investors. Don't miss this opportunity to turn location and zoning advantages into a lucrative residential development project at Ha Hanna Rd.
MLS #
SD240008253
MLS Source
San Diego MLS
Days on Site
36
Buyer's Brokerage Compensation*
$2
Development Status
Final Map Approved
Fencing
None
Lot Description
Grade - Gently Sloped
Utilities
Other, Other
Zoning
SB-9
Listing Agent
Daniel Sipher
JLM Real Estate Inc.
License #: 02043589
Phone: (408) 368-5225
Co-Listing Agent
Jason Lee
JLM Real Estate Inc.
License #: 02068011
Phone: (858) 336-9688
is in Lakeside, CA 92040. This Land is currently priced at $1,090,000.
This address can also be written as , Lakeside, CA 92040.©2024 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 08, 2024. For the most current information, please contact Daniel Sipher, (408) 368-5225