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2436 Adams Avenue

San Diego, CA 92116
  • $2,900,000
  • STATUS: Active Under Contract
  • ON SITE: 163 days
  • ID#: PTP2101011
Under Contract
UPDATED: 27 min ago
$2,900,000
  • 0
    BEDS
  • 2.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,251
    SQFT
  • $682
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Description

Prime 2.6 Acre Development Site in University Heights with Existing 4 units to provide income during Planning. Amazing Pastoral Views over Mission Valley. Base Zoning appears to be 18 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 27 units, or up to 36 Micro-Units. Seller will consider offers. Survey and Geological Reports completed. Historic Review Passed. Base Zoning: RM 2-5 - 7,396sqft with Complete Communities Overlay; RM 1-1 - 28,289sqft; RS 1-1 84,481sqft. Larger Project Possible with Adjacent Parcel with 3 Existing Units Zoned for 10 units Plus Density Bonus to 15 Units; Total 42 Units; or 20 more Micro-Units. 4712/14/16 Arizona St - Available for $2,800,000; Survey/Geological/Historic also completed.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T08:24:45.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
www.twissrealty.com/homes/114258999
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2436 Adams Avenue San Diego, CA 92116

  • Price: $2,900,000
  • Status: Active Under Contract
  • Updated: 27 min ago
  • ID#: PTP2101011
0
Beds
0
Baths
0
½ Baths
2.6
Acres
4,251
SQFT
$682
$/SQFT
1959
Built
Neighborhood:
92116 - Normal Heights
County:
San Diego
Area:
92116 - Normal Heights
Property Description
Prime 2.6 Acre Development Site in University Heights with Existing 4 units to provide income during Planning. Amazing Pastoral Views over Mission Valley. Base Zoning appears to be 18 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 27 units, or up to 36 Micro-Units. Seller will consider offers. Survey and Geological Reports completed. Historic Review Passed. Base Zoning: RM 2-5 - 7,396sqft with Complete Communities Overlay; RM 1-1 - 28,289sqft; RS 1-1 84,481sqft. Larger Project Possible with Adjacent Parcel with 3 Existing Units Zoned for 10 units Plus Density Bonus to 15 Units; Total 42 Units; or 20 more Micro-Units. 4712/14/16 Arizona St - Available for $2,800,000; Survey/Geological/Historic also completed.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Irregular Lot Number Of Separate Electric Meters 3 Open Parking Spaces 30 Parking Total 31 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Cap Rate 0 Community Features Valley Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 84192 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 0 New Taxes Expense 0 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0 Rent Control YN No Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Total Actual Rent 6666 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Rm 2-5 - 7396Sqft With

Listing provided courtesy of Lee Sheppard of Sheppard & Co.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T08:24:45.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
 
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