Property Details
About this Property
***Seller says bring all offers. Flexible Terms available ***This currently underimproved parcel located in the unincorporated area of San Diego County, is ready for your development. Highest and best use as an affordable housing condo project maximizing the density bonus program at 159 affordable units awaits.**** Not subject to State or Federal Guidelines, developer may charge rents in accordance with San Diego County's AMI of 80% allowing for a higher ROI. (State and Federal funding programs require 30-50% AMI target tenant, currently not available)**** San Diego County's commitment to affordable housing has generated a "fast track" permitting process which allows developers a high-speed lane from plan submission to breaking ground. Further, a maximum of development waivers are available**** Situated on 12 acres with a topography of moderate slope, the topography supports the development of 7 of the 12 acres, leaving 5 acres which can be dedicated to "Open/Mitigated space".
MLS Listing Information
MLS #
SD230014118
MLS Source
San Diego MLS
Days on Site
520
Lots & Land Information
Development Status
Other
Existing Structures
Outbuilding
Fencing
Complete
Lot Description
Other
Present Use
Residential
Parking, School, and Other Information
Complex Amenities
None
Zoning
V (7.3)
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
is in Lakeside, CA 92040. This Land is currently priced at $3,200,000. This address can also be written as , Lakeside, CA 92040.
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This listing information is up-to-date as of October 24, 2023. For the most current information, please contact Sharon Heyden, (760) 212-2029
