San Diego

3162 L

San Diego, CA 92102
MLS# 240015843
$899,500
2 BEDS ∙ 1 BATH
Active
DAYS ON MARKET: 8

Listing provided courtesy of: Finest City Homes & Loans

Property Description

HIGH DENSITY DEVELOPMENT OPPORTUNITY! This charming home sits on a spacious flat lot, offering endless potential for developers. The property boasts a 9,351 FAR, perfect for maximizing buildable space. Located within an Opportunity Zone, take advantage of federal tax incentives while enjoying the benefits of RM 3-7 zoning, allowing one unit per 1,000 sq ft. With a 40 ft height limitation, this property is ideal for multi-story developments. Situated in a Transit Priority Area, no parking is required for new developments, reducing construction costs. Alley access at the rear of the property and its location within a complete communities/bonus ADU area, further enhancing development possibilities. Don't miss out on this exceptional opportunity to develop in one of San Diego's most promising areas!

  • Features:

    Gas Range Living Room Wood, Other/Remarks Garage(None Known), Non-Garage(Other) Composition N/K Sewer Connected

Listing provided courtesy of: Finest City Homes & Loans. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particularproperty. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS®, Inc. Listing last updated on 07/24/2024 08:47:14

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