35 Th St

San Diego, CA 92102 View Map $3,800,000 Schedule a Showing
Sq.Ft.14,489
Joy Bender

Joy Bender

(760) 212-2717
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Status: Active
Listing Office:Mercer Properties
Property Type:Lots/Land
MLS #:190051317
Sq. Feet:14,489
On Site:3 Days
Lot Size:0.33 Acres
County:San Diego
This fully entitled 38 Unit development opportunity is in the heart of Mt. Hope. The flat development site sits high above interstate 15 which runs north and south throughout San Diego County. This opportunity has easy access off interstate 15 with tremendous visibility from the freeway giving the future developer great advertising space. Enjoy views of downtown San Diego and the Coronado bridge from the future third story of the future development with access to 3 major freeways within 5 minutes. See Sup

The current approved plans are to build twenty (20) detached homes with each home having its own one (1) bedroom apartment on the first level. Of the Twenty (20) homes that can be built on the site, two (2) units must be ‘very low income’ affordable units. Forty (40) parking spaces are proposed on grade. This development is located within a designated Opportunity Zone which allows the purchaser to defer the taxes due on their initial gain until 12/31/2026 and earn investment income along the way. If the development is held for ten years, the owner avoids paying tax on capital gains earned on your investment - FOR LIFE!

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:35 Th St San Diego, CA 92102
County:San Diego
Subdivision:Mount Hope
Zip Code:92102
Neighborhood:SAN DIEGO

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Size: 0.33 Acres
Lot Dimensions:.5 to 1 AC
Frontage: Freeway
Topography: Level, Rolling
Fencing: Partial
Zoning:R-2:MINOR

Tax and Financial Info

Terms: Cash

Schools

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35 Th St San Diego, CA 92102
 
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Listing Information Last Updated 9/18/2019
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Listing information last updated on 9/18/2019 5:15 PM.