4712 Arizona Street, Normal Heights, CA 92116

$5,500,000
List Price
$5,500,000
Price Change
▼ $900,000 1614927700
Days on Market
31
Status
CONTINGENT
MLS#
PTP2101076
Lot Size(apprx.)
143,748
City
Normal Heights
Neighborhood
University Heights
Property Type
Multifamily

Property Description

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. Bring your offer!

Additional Information

Gross Scheduled Income Actual
164008
Lot Size
143,748
Neighborhood
University Heights
Stories
Split Level
Style
Res Income 2-4 Units

Room Dimensions

Supplement
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. Bring your offer!

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Sheppard & Co.

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