FOR SALE: 2804 S Grade Rd #0 Alpine CA 91901 | 220015636 | $4,200,000| Contact Rob Aumann directly at (858) 752-8730 for a viewing!
Listing Office:Pacific Sotheby's Int'l Realty
On Site:8 Days
Lot Size:10.52 Acres
This hidden property has only previously been a pocket listing and is now public for the first time in years, it will go fast! This property is beautiful and has multiple opportunities. 10.5 acre, flat-terrain, residential lot in Alpine, located in an excellent location in the heart of Alpine, close to shops, restaurants, & schools. Includes a gorgeous private olive grove consisting of 400, 100-year-old Mission olive trees from Israel. A high yielding well, septic tank and a vineyard license. It s also right next to Wright s Field, a 98 acre park that the county of San Diego has announced it s developing into a community park. Want to develop? If this is not enough, there is a project development study, which has already been pre-commissioned & much of it is completed, this outlays the feasibility of parceling-out the lot to include multiple options: of 11 full 1 acre lots, 11 lots while keeping rental properties and olive grove or a larger map of 26 detached homes, each with 3,000 sqft of living space, sitting on lots of 15,000 sqft each. Presently, 90% of the entire 10.5-acre lot is open, flat land with the remaining 10% containing three small residential properties and a stable, generating over $7,000/month in rental income. The opportunities are endless. 2804 S Grade Road presents a very unique, beautiful and even potentially a very profitable buying opportunity for the savvy investor.
$000 Monthly Payment
Loan and interest only.
Address:2804 S Grade Rd #0 Alpine, CA 91901
Community:EAST SAN DIEGO
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Lot Size: 10.52 Acres
Lot Dimensions:10+ to 20 AC
Water: Well on Property
Utilities Available: Cable TV, Electric, Natural Gas, Propane, Telephone
Utilities to Site: Cable TV, Electric, Gas, Propane, Telephone
Tax and Financial Info
Terms: Cash, Conventional, FHA, VA