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$550,000
Est. payment /mo
0.36 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Southwest Escondido
MLS Listing ID 250023519SD
HOA Y/N No
Lot Size 0.356 Acres
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
Area 92025 - Escondido
Zoning R3
Interior
Fireplace No
Exterior
Utilities Available Cable Available
View Y/N No
Building
Lot Description Level
Others
Senior Community No
Tax ID 2361201500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Vikram Boregowda • Sterling Nests