530 42nd St

San Diego, CA 92102

$1,199,000

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Property Description

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.

Interior Features

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Listing Information

Address 530 42nd St
City San Diego
State CA
Zip 92102
County San Diego
Listing Agent Voltaire Lepe DRE#01422464
Courtesy Of eXp Realty of California, Inc.
MLS 230022320SD
List Price $1,199,000
Status Active
Type Land
Structure Size N/A
Lot Size 12,040
DOM 205

Exterior Information

Maps

Listing information courtesy of: Voltaire Lepe, eXp Realty of California, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 26th, 2024 at 11:11 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.