$1,140,000
$1,150,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
5,366 Sqft Lot
SOLD DATE : 03/01/2024
Key Details
Sold Price $1,140,000
Property Type Vacant Land
Sub Type Water Position With Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2305953
Sold Date 03/01/24
HOA Y/N No
Lot Size 5,366 Sqft
Property Description
This is a development site currently has A single family house on it. approximately 5100 square foot lot HISTORICAL CLEARANCE TO TEAR DOWN ALREADY SIGNED OFF by city. The House is dilapidated tear down NOT A FLIP. Value is in the Land to build units or ADU. The zoning is RM-3-7 there are a lot of recent changes to density bonuses including but not limited to complete communities and Low income housing the city of San Diego is implementing new protocol that may eliminate 30 FOOT HEGHT LIMITS. . Currently 7 units being built on smaller lot right up the street on Keats. WITH LOW INCOME OR COMPLETE COMMUNITIES DENSITY BONUS MAY BE ABLE TO BUILD UP OVER 30 FEET.
Location
State CA
County San Diego
Area 92106 - Point Loma
Zoning RM-3-7
Interior
Fireplace No
Exterior
Community Features Storm Drain(s), Sidewalks
View Y/N Yes
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Brian Lee • T.N.G. Real Estate Consultants