$850,000
3162 L, San Diego Ca 92102
Home Highlights
Property Type
Residential
Status
Pending
Year Built
2008
Listing Date
2024-08-02
Listing ID
240018171
About this home
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
Cooling
None
Pool
None
Appliances
Gas Range
Fireplace
Living Room
Fireplace Yes/No
Fireplaces Total
1
Listed by
Eric Vaca - Finest City Homes & Loans
vaca.broker@gmail.com