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$ 2,500,000
Est. payment | /mo
5 Beds
3 Baths
$ 2,500,000
Est. payment | /mo
5 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Spring Valley
MLS Listing ID 240012721
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1934
Property Description
The property is being offered with 13 parcels totalling approximately 8 acres which has 3 residential homes on it. The 3 residences are currently leased to long term tenants at a very nominal rent and are in very poor condition. The property is being offered as vacant land with no representation that the houses meet any codes and are habitable. A portion of the property is restricted from development with an open space easement and has topography not suitable for building on it, however a preliminary meeting with the County of San Diego indicated that 26, 6,000 SF lots could possibly be approved within the developable area of the property. Seller and Sellers Broker make no representation as to what will be approved once a developer processes a subdivision at the property.
Location
State CA
County San Diego
Community Spring Valley
Area Spring Valley (91977)
Zoning R-1:SINGLE
Interior
Heating Other/Remarks
Exterior
Exterior Feature Other/Remarks
Garage Unit1:N/K Unit2:N/K
Roof Type Other/Remarks
Building
Story 1
Lot Size Range 4+ to 10 AC
Level or Stories 1 Story
Others
Miscellaneous Uninhabitable,Value in Land
Acceptable Financing Cash, Conventional
Space Rent $800
Listing Terms Cash, Conventional
Listed by Scott W Aurich • Pacific Sotheby's International Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "