FOR SALE0.28 ACRES
Local Information
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Description
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.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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
166 days ago
Home Details for 530 42nd St #1 & 2
Interior Features |
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Appliances & Utilities Utilities: Sewer Available, Available (Above Ground), To Site (Above Ground) |
Gas & Electric No Electric on Property |
Exterior Features |
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Exterior Home Features Fencing: FullOther Structures: Other/Remarks, With Structures |
Frontage Road Frontage: Public StreetRoad Surface Type: Paved |
Farm & Range Frontage Length: 52 |
Surface & Elevation Topography: Level |
Days on Market |
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Days on Market: 166 |
Property Information |
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Property Type / Style Property Type: LandProperty Subtype: Lots/Land |
Building Has Additional Parcels |
Property Information Usage of Home: Multi-FamilyParcel Number: 5460920600Additional Parcels Description: 5460922600 |
Price & Status |
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Price List Price: $1,399,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
Active Status |
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MLS Status: ACTIVE |
Media |
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Location |
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Direction & Address City: San DiegoCommunity: San Diego |
School Information Elementary School District: San Diego Unified School DistrictJr High / Middle School District: San Diego Unified School DistrictHigh School District: San Diego Unified School District |
Agent Information |
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Listing Agent Listing ID: 230022320 |
Lot Information |
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Lot Area: 0.28 acres |
Offer |
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Listing Agreement Type: Exclusive Right (R)Listing Terms: Cash |
Mobile R/V |
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Mobile Home Park Mobile Home Units: Feet |
Compensation |
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Buyer Agency Commission: 2.0Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Miscellaneous |
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Mls Number: 230022320Living Area Range Units: Square Feet |
Last check for updates: about 9 hours ago
Listing courtesy of Voltaire Lepe DRE# 01422464, (619) 852-2222
eXp Realty of California, Inc.
Source: SDMLS, MLS#230022320
Price History for 530 42nd St #1 & 2
| Date | Price | Event | Source |
|---|---|---|---|
| 11/13/2023 | $1,399,000 | Listed For Sale | SDMLS #230022320 |
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Comparable Sales for 530 42nd St #1 & 2
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.14 | Lot/Land | $720,000 | 11/09/23 | - | - | ||
0.82 | Lot/Land | $250,000 | 01/04/24 | - | - | ||
0.82 | Lot/Land | $250,000 | 01/04/24 | - | - | ||
1.31 | Lot/Land | $42,000 | 03/18/24 | - | - | ||
1.38 | Lot/Land | $1,000,000 | 03/27/24 | - | - | ||
1.81 | Lot/Land | $505,000 | 08/10/23 | - | - | ||
1.34 | Lot/Land | $900,000 | 01/12/24 | - | - | ||
1.87 | Lot/Land | $252,500 | 01/19/24 | - | - | ||
1.86 | Lot/Land | $300,000 | 01/19/24 | - | - | ||
1.75 | Lot/Land | $205,000 | 09/27/23 | - | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Mt. Hope
- Trulia User
- Resident
- 1y ago
"None. There are no public neighborhood events scheduled in this community. There is a nice flower shop and BBQ restaurant here "
- Trulia User
- Prev. Resident
- 2y ago
"Peaceful up and coming. Definitely don't judge a book by its cover because there's a ton of soul in this community and I've loved living here."
- Trulia User
- Resident
- 2y ago
"Not enough parking available. Not enough street lights to keep us safe. Be careful when crossing street, people drive like is a road. "
- Jennifer C.
- Resident
- 3y ago
"none. By the time the sun goes down, is rare seeing people going for a walk. parking is also limited. "
- Unknown N.
- Resident
- 3y ago
"its important to know that theres alot of cars going 60 mph on a 15mph street and watch out.. They crazy here too "
- Unknown N.
- Resident
- 4y ago
"its im portant to people to know theres alot of theft on cars and if windows open good luck also alot dogs just running around"
- Choni5
- Resident
- 4y ago
"Some sketchy areas at night. But otherwise ok to walk around with Out a problem. There are sidewalks which is a plus"
- Nuballe6
- Resident
- 5y ago
"Neighbors keep to themselves, but when you see them they greet you with a smile. Nice family park across from where we live. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Voltaire Lepe, eXp Realty of California, Inc.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
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, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. 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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.