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Description
UNDER VALUE PRICING. PRICING REDUCED / PERFECT SMALL DEVELOPMENT PROJECT IN SAN DIEGO. PARTNERS CAN’T BUILD AND MUST SELL. PRICING IS LESS THAN MARKET VALUE 2017 MAI IS ATTACHED $960K VALUE. BUILD APPROXIMATELY 20,000 SF IN SAN DIEGO NEAR OCEAN. OLD PLANS AND COMMENTS ARE READY TO BE RESUBMITTED BY NEW DEVELOPERS AND SUPPORTED BY CITY. 1. NO MAJOR GRADING IS ALLOWED. 2. EXISTING GRADE IS USED FOR PARKING 3. NEAR OCEAN WITH OCEAN BREEZE 4. SEWER MANHOLE WAS BUILT IN 2007 BY DEVELOPER WHEN WASHINGTON MUTUAL RECORDED A LAND LOAN FOR $1,000,000 ON THIS LAND BEFORE THE MARKET CRASH AND CITY AUTHORIZED SEWER CONNECTION TO THE UNITS (REFER TO CITY COMMENTS IN 2007) 5. CITY WILL SUPPORT AND EXPEDITE THE PLANS IF SUBMITTED AS IS (MUST VERIFY THIS INFORMATION) 6. INFILL HIGH DEMAND DEVELOPMENT PROJECT 7. DRAINAGE IS NATURAL TO THE WEST SIDE OF THE LAND USING COMMON DRAINAGE. 8. WATER AND ELECTRICITY ON CURB AND CITY HAS SIGNED OFF A WAIVER OF UNDER GROUND ELECTRICITY CONNECTION REQUIREMENT (MUST VERIFY) 9. PROJECT IS SUPPORTED BY STORM DRAINAGE CAPACITY FOR THE 13 HIGH DENSITY CONDOS OR APARTMENTS AS PLANNED. 10. ENVIRONMENTAL SENSITIVE IMPACT: VERIFIED 08.14.2014 A. SENSITIVE BIOLOGIC RESOURCES: NO B. STEEP HILLSIDE: NO C. COSTAL BEACHES: NO D. SENSITIVE COSTAL BLUFFS: NO E. 100 YEAR FLOODPLAIN: No
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Listing Agent: Jonathan Minerick Courtesy of: Homecoin.com The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 2nd February, 2023 3:25 PM (UTC)