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$1,150,000

Est. payment - /mo

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0.8 Acres Lot

Price Dropped by $50K

5488 New Mills Rd San Diego, CA 92115

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/19/2024 12:15 AM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2407849

HOA Y/N No

Lot Size 0.800 Acres

Property Description

Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email ryan@robconrealty.com for the marketing packet that provides more details and photos of designs rendered in 2023. No showings until listing is active but offers will be considered. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU - More units can (and should) be explored -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks

Location

State CA

County San Diego

Area 92115 - San Diego

Zoning RS-1-7

Interior

Fireplace No

Exterior

Community Features Suburban

Utilities Available Sewer Not Available

View Y/N Yes

View Neighborhood, Trees/Woods

Building

Lot Description Cul-De-Sac

Sewer None

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 4668805900

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jeffrey Hawkins • Robcon Realty • hawkinsj@gmail.com

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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