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$ 2,995,000
Est. payment | /mo
1.57 Acres Lot
$ 2,995,000
Est. payment | /mo
1.57 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision National City
MLS Listing ID 260002519SD
HOA Y/N No
Lot Size 1.570 Acres
Property Description
We present an exceptional investment opportunity with the property at 945 N Avenue, in National City, California. This 1.57-acre parcel lies in the high growth submarket of National City and offers supreme optionality for multifamily development. The true potential of 945 N Avenue lies in its versatility. Developers can opt to build the current proposed plans which include 58 surface parked units on the site. A new owner could also further maximize the site's potential by utilizing current by-right high density residential zoning, allowing up to 75 units per acre. The site, located in a qualified opportunity zone, offers a chance to build market rate, workforce, senior, or affordable housing in National City's booming residential market.
Location
State CA
County San Diego
Area 91950 - National City
Zoning RM-3
Interior
Fireplace No
Exterior
Fence None
Utilities Available See Remarks
View Y/N Yes
View Bay, Golf Course, Panoramic
Present Use Unimproved
Building
Lot Description Rolling Slope
Others
Senior Community No
Tax ID 55718016
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/260002519
Listed by Erik Anderson Newmark of Southern California #01991182
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STEVE & KRISTA: The WIDNER Team
Agent | License ID: 00680027
29811 Santa Margarita Parkway, Suite 100, Margarita, CA, 92688