$1,199,000
Active
59 Days Online
0 Beds0 Baths0 SQFT
Active

530 42nd St San Diego, CA 92102

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Multifamily Development opportunity on these vacant lots totaling 12, 040 SF, Zoned CN-1-4, benefiting from the Complete Communities Zoning overlay allowing you to build up to 105 units! The overlay permits expanded construction beyond standard zoning, and included are plans that are getting approved for 18 units with a very generous unit mix with the foundation permit already approved! The flat/level terrain simplifies development and the two existing structures—a 2 bed, 1 bath home and a detached 2-car garage—only give you more opportunities to develop! Positioned for growth, this property promises a lucrative venture in a high-potential locale. Multifamily Development opportunity on these vacant lots totaling 12, 040 SF, Zoned CN-1-4, benefiting from the Complete Communities Zoning overlay allowing you to build up to 105 units! The overlay permits expanded construction beyond standard zoning, and included are plans that are getting approved for 18 units with a very generous unit mix with the foundation permit already approved! The flat/level terrain simplifies development and the two existing structures—a 2 bed, 1 bath home and a detached 2-car garage—only give you more opportunities to develop! Positioned for growth, this property promises a lucrative venture in a high-potential locale.

  • Property TypeLand
  • NeighborhoodN/A
  • CountySan Diego
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site58 Days
  • MLS StatusActive
  • MLS ID Number230022320SD
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.2764 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Acreage 0.2764
  • Zoning CN-1-4

Exterior Features

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Community Features

  • Association Dues 0
  • Senior Community No
  • MLS Area 92102 - San Diego

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Monthly Payment (Est.)

$6,025
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