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$ 550,000
Est. payment | /mo
0.36 Acres Lot
$ 550,000
Est. payment | /mo
0.36 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Southwest Escondido
MLS Listing ID 250023519
HOA Y/N No
Lot Size 0.356 Acres
Property Sub-Type Lots/Land
Property Description
This property presents a unique investment potential in the southern part of Escondido. This opportunity becomes even more compelling when combined with the adjacent lot, which is also available for sale. When both properties are acquired together, there is the potential to develop up to 15 units in accordance with the city's zoning regulations in Escondido. Moreover, by focusing on affordable housing, there may be opportunities to secure additional bonus density units for the project. Alternatively, this property can be developed as a mixed-use space, featuring commercial storefronts at the front of the building and residential units on the upper floors. The possibilities are vast for this versatile investment opportunity. The adjacent lot will be added to the mls shortly as well.
Location
State CA
County San Diego
Community Southwest Escondido
Area Escondido (92025)
Zoning R3
Exterior
Fence Full
Building
Lot Size Range .25 to .5 AC
Water Available
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Vikram Boregowda • Sterling Nests
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
12750 High Bluff Dr. #300, San Diego, California, 92130, USA