$8,367,292

  • COMMERCIAL-RES INCOME
  • PENDING
  • MLS# 170019603

Description

INVESTORS ALERT !!! THE WHOLE AREA IS BEING REZONED TO CN-1-6, THIS MEANS THAT UP TO 54 UNITS PER ACRE AS OF DECEMBER 2017, THE CITY OF SAN DIEGO IS LOOKING TO RE GENTRIFY THIS AREA ACROSS FROM THE LIBERTY STATION COMPLEX. THIS PARCEL ALONG WITH OTHERS ADD UP TO OVER 64,000 SQUARE FEET AVAILABLE FOR MUCH NEED HOUSING IN THE AREA. THE PROPERTY ALONG WITH 2905-2911 CADIZ ST. ( MLS # 170006581 ) GIVES ANY PROJECT ACCESS FROM TWO DIFFERENT STREETS. THIS PROPERTY IS LOCATED DIRECTLY ACROSS FROM "THE LOMA CLUB GOLF COURSE". THE RE ZONING WILL BE AT 800 SQUARE FEET PER UNIT INSTEAD OF 1500 SQ. FT. PER UNIT... DOCUMENTED E.P.A. CLEARANCES ON FILE... CLIENT ALSO HAS OVER 30,000 SQUARE FEET ALONG LYTTON ST. CONNECTED TO PROPERTY THAT REQUIRES 20 SQUARE FEET OF MIXED USE BUSINESS FOR EVERY FOOT OF LYTTON ST. FRONTAGE PER CITY PLANNING DEPT.

Property Details

Property type:
Commercial-Res Income
Number of Carports:
4

Location

County:
San Diego

Directions

ROSECRANS TO LYTTON (AM/PM) ON THE CORNER, GO SOUTH AND PROPERTY IS ON THE LEFT...

Additional Details

Number of Units:
1
Price Per Unit:
$8,367,292
Down Payment:
$600
Gross Equity:
$122,500
SqFt of Improvement:
8,346
Lot Square Footage:
8,346
Date Listed:
April 19, 2017
Assessors Parcel #:
450-412-14-00
Zoning:
CN-1-6

Listing provided by

Coldwell Banker Res. Brokerage
Select a Point of Interest and Radius from the form above.
We're sorry, but no properties that meet this criteria are currently available.
Photo of Loma Portal - Photo 1
Photo of Loma Portal - Photo 2
Photo of Loma Portal - Photo 3
Photo of Loma Portal - Photo 4
Photo of Loma Portal - Photo 5
Photo of Loma Portal - Photo 6

Loma Portal

Loma Portal is primarily residential. It is the located in the hilly area northwest of Rosecrans and overlooks San Diego Bay. The area is known throughout San Diego for its neighborhood holiday decorations on Garrison Street near Chatsworth. 

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.


Presented By
Willis Allen Real Estate's Photo

877.515.7443

Email Us
Presented By
Willis Allen Real Estate's Photo

877.515.7443

Email Us

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.