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$599,000
Est. payment /mo
9,047 Sqft Lot
UPDATED:
09/27/2024 11:54 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PTP2405471
HOA Y/N No
Lot Size 9,047 Sqft
Property Description
FIXER PROPERTY WITH ADD VALUE OPPORTUNITY! HIGH DENSITY DEVELOPMENT OPPORTUNITY! This major fixer features a duplex with two 2-bed/1-bath units, a detached 2-car garage, and sits on a flat 9,047 sq. ft. lot. Zoned RM-2-5, this property is perfect for investors looking to renovate and add tremendous value or purchase the adjacent flat 18,473 sq. ft. lot (APN # 551-050-16-00) for even greater development potential. Together, the combined lots offer a total of 26,958 sq. ft., with the potential to build up to 116 units under the Complete Communities Program (FAR Tier 3). Zoning permits 1 unit per 1,500 sq. ft., making these properties ideal for HIGH DENSITY DEVELOPMENT OPPORTUNITY! Both lots are available separately or as a package deal, with the seller preferring to sell both properties together to maximize development potential. Located in a prime area with easy access to freeways, public transportation, and amenities, these lots offer endless opportunities for developers in a high-demand market. Dont miss this chance to renovate, add value, or undertake a large-scale development! CASH ONLY. ADJACENT LOT IS BEING SOLD SEPARATELY MLS# PTP2405502.
FIXER PROPERTY WITH ADD VALUE OPPORTUNITY! HIGH DENSITY DEVELOPMENT OPPORTUNITY! This major fixer features a duplex with two 2-bed/1-bath units, a detached 2-car garage, and sits on a flat 9,047 sq. ft. lot. Zoned RM-2-5, this property is perfect for investors looking to renovate and add tremendous value or purchase the adjacent flat 18,473 sq. ft. lot (APN # 551-050-16-00) for even greater development potential. Together, the combined lots offer a total of 26,958 sq. ft., with the potential to build up to 116 units under the Complete Communities Program (FAR Tier 3). Zoning permits 1 unit per 1,500 sq. ft., making these properties ideal for HIGH DENSITY DEVELOPMENT OPPORTUNITY! Both lots are available separately or as a package deal, with the seller preferring to sell both properties together to maximize development potential. Located in a prime area with easy access to freeways, public transportation, and amenities, these lots offer endless opportunities for developers in a high-demand market. Dont miss this chance to renovate, add value, or undertake a large-scale development! CASH ONLY. ADJACENT LOT IS BEING SOLD SEPARATELY MLS# PTP2405502.
FIXER PROPERTY WITH ADD VALUE OPPORTUNITY! HIGH DENSITY DEVELOPMENT OPPORTUNITY! This major fixer features a duplex with two 2-bed/1-bath units, a detached 2-car garage, and sits on a flat 9,047 sq. ft. lot. Zoned RM-2-5, this property is perfect for investors looking to renovate and add tremendous value or purchase the adjacent flat 18,473 sq. ft. lot (APN # 551-050-16-00) for even greater development potential. Together, the combined lots offer a total of 26,958 sq. ft., with the potential to build up to 116 units under the Complete Communities Program (FAR Tier 3). Zoning permits 1 unit per 1,500 sq. ft., making these properties ideal for HIGH DENSITY DEVELOPMENT OPPORTUNITY! Both lots are available separately or as a package deal, with the seller preferring to sell both properties together to maximize development potential. Located in a prime area with easy access to freeways, public transportation, and amenities, these lots offer endless opportunities for developers in a high-demand market. Dont miss this chance to renovate, add value, or undertake a large-scale development! CASH ONLY. ADJACENT LOT IS BEING SOLD SEPARATELY MLS# PTP2405502.
Location
State CA
County San Diego
Area Logan Heights (92113)
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash
Listing Terms Cash
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Listed by Ruben Rodriguez • Coldwell Banker West
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