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$2,095,000
Est. payment /mo
2.12 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2606353
Lot Size 2.120 Acres
Property Sub-Type Lots/Land
Property Type Lots/Land
Property Description
The subject property consists of approximately 2.12 acres of vacant land located in the Encanto neighborhood of San Diego, California. The site presents a rare residential development opportunity in an infill location with convenient access to public transit, major transportation corridors, and neighborhood amenities. The property is positioned to benefit from California's pro-housing legislation, including State Density Bonus provisions that may allow for the development of up to 32 residential lots by right. Additional density potential may be achieved through SB 1123, providing developers with flexibility to maximize the site's residential yield. Given its size, location, and favorable development framework, the property is ideally suited for a variety of residential product types, including detached homes, small-lot subdivisions, and other for-sale or rental housing concepts. This offering represents an exceptional opportunity for developers and investors seeking a scalable residential land play in one of San Diego's supply constrained housing markets. Contact broker for more information: Stevie Berman (408)202-0611.
Location
State CA
County San Diego
Direction Site surrounds corner of 66th St and Brooklyn Avenue. 701 66th Street will take you to site. Do not disturb or walk on site with
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5442150200
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, Land Contract, Lease Option, Seller May Carry, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, Land Contract, Lease Option, Seller May Carry, VA
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Listed by Steven Berman, DRE#02242051 Lee & Associates
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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