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530 42nd St 0.28 Acres of Commercial Land Offered at $1,673,708 CAD in San Diego, CA 92102

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EXECUTIVE SUMMARY

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.

Brochure

PROPERTY FACTS

Price	$1,673,708 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Multifamily
No. Lots	1	Total Lot Size	0.28 AC
Property Type	Land
Zoning	CN-1-4 - Transit Priority Area Zoning overlay allows you to build more than regular zoning. Currently have plans in progress to build 18 units on both lots.

Price	$1,673,708 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily
Total Lot Size	0.28 AC
Zoning	CN-1-4 - Transit Priority Area Zoning overlay allows you to build more than regular zoning. Currently have plans in progress to build 18 units on both lots.