4712 Arizona

San Diego, CA 92116
$5,500,000
For Sale • 14 days
3.30
Acres

Prime 3.3 Acre Development Site in University Heights with Existing 7 units to provide income during Planning. Amazing Pastoral Views over Mission Valley. Base Zoning appears to be 28 large luxury Townhomes. Existing plans (from 2007) for 15 Unit Super Luxury Townhome/Condominium Complex Averaging 2000sqft each, or Design your larger project using San Diego's Bonus Density for up to 42 units, or up to 56 Micro-Units. Survey and Geological Reports completed. Historic Review Passed. Base Zoning: Parcel 1) RM 2-5 - 7,396sqft with Complete Communities Overlay; RM 1-1 - 28,289sqft; RS 1-1 84,481sqft; Parcel 2) RM 1-1 6500sqft; Parcel 3 RM 1-1 15,745sqft, RS 1-1 1489sqft. Current Gross Annual Income $164,008. Bring your offer!

Prime 3.3 Acre Development Site in University Heights with Existing 7 units to provide income during Planning. Amazing Pastoral Views over Mission Valley. Base Zoning appears to be 28 large luxury Townhomes. Existing plans (from 2007) for 15 Unit Super Luxury Townhome/Condominium Complex Averaging 2000sqft each, or Design your larger project using San Diego's Bonus Density for up to 42 units, or up to 56 Micro-Units. Survey and Geological Reports completed. Historic Review Passed. Base Zoning: Parcel 1) RM 2-5 - 7,396sqft with Complete Communities Overlay; RM 1-1 - 28,289sqft; RS 1-1 84,481sqft; Parcel 2) RM 1-1 6500sqft; Parcel 3 RM 1-1 15,745sqft, RS 1-1 1489sqft. Current Gross Annual Income $164,008. Bring your offer!

DETAILS

  • Type: Land
  • $/Acre: $0
  • MLS#: PTP2101078

Lot Details

LOT DETAILS

  • 3.30 Acres

Other Information

FINANCING TERMS

  • Cash
  • Exchange

LOCATION

  • City: San Diego
  • County: San Diego
  • APN#: 4382401700

Property History

DATE EVENT & SOURCE PRICE
Listed (Active)
SDMLS
MLS# PTP2101078
$5,500,000
Price Decrease (Active)
SDMLS
MLS# PTP2101094
$2,600,000
Listed (Active)
SDMLS
MLS# PTP2101078
$6,400,000

Ask a Question

This Properties Story

Listed by Lee Sheppard • DRE Lic #00797803 • Sheppard & Co.
Last updated 32 minutes ago • Source: SDMLS