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Street View
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9 Photos
USD 1,395,000
Property ID: PTP2304751
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,91950
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icon 0 SqFt
icon Built in 2023
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icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
12351
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 2023
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Detailed Introduction Of This Home
Entitled National City multifamily development and JV opportunity. Roughly 8,700 SF of lightly-sloped land, with National City mixed-use zoning (MXC-2), fully entitled for 12 new multifamily units and 12 off-street parking spaces. Existing improvements include a vacant, roughly 900 SF SFR, which is ready for tear-down. All applicable plans are ready for transfer and issuance to a new buyer. Property is close proximity to the bayfront, parks, shopping, transportation, and National City's infamous Mile of Cars. New multifamily construction in this submarket typically commands high rents, strongly supported by the housing demand from military bases in the area. Current ownership also has architectural concept plans for increasing the project’s square footage and upgrading the unit mix to larger units if a developer should want to increase project’s size. Current ownership is also interested in a JV partnership to facilitate developing the property with like-minded individuals. We are happy to make an introduction and facilitate the conversation on this front, should a party be interested in a JV situation.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
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Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (9)
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USD 1,395,000 0 Beds
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