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House San Diego (United States)by annonceur international

HouseSan Diego (United States)
Price :
$2,995,000
land0.1 ha

Exceptional Multi-Family Development Opportunity - Two Adjacent Parcels in San Diego Introducing an outstanding development opportunity on two adjacent parcels (APN 538-100-05-00 and APN 538-100-06-00), encompassing Lots 8, 9, and 10. Both parcels are level and offer convenient access from both the street and alley, providing excellent flexibility for future development. The existing home on APN 538-100-05-00 is slated for demolition, creating a blank canvas for a high-density residential project. The property is zoned RM-2-5 (Multi-Family Residential Base Zone) and is located within both a Transit Priority Area (TPA) and Sustainable Development Area (SDA). With an FAR Tier 3 designation, the site may allow an impressive Floor Area Ratio (FAR) of up to 6.5, offering significant development potential. Upper-level units may enjoy ocean views and views of the Coronado Bridge, adding to the appeal of this exceptional investment opportunity. Ideally located just minutes from Petco Park, East Village, the San Diego Convention Center, Downtown San Diego, and with convenient access to three major freeways, this property is positioned in one of San Diego's most desirable growth corridors. Buyer to verify all zoning, development potential, density, FAR, permits, and all other information with the City of San Diego prior to the close of escrow.
Advertiser reference : 119159364Le Figaro Properties reference : 109031973

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House San Diego (United States)

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