Property Description

***Seller says bring all offers. Flexible Terms available ***This currently underimproved parcel located in the unincorporated area of San Diego County, is ready for your development. Highest and best use as an affordable housing condo project maximizing the density bonus program at 159 affordable units awaits.**** Not subject to State or Federal Guidelines, developer may charge rents in accordance with San Diego County’s AMI of 80% allowing for a higher ROI. (State and Federal funding programs require 30-50% AMI target tenant, currently not available)**** San Diego County’s commitment to affordable housing has generated a “fast track” permitting process which allows developers a high-speed lane from plan submission to breaking ground. Further, a maximum of development waivers are available**** Situated on 12 acres with a topography of moderate slope, the topography supports the development of 7 of the 12 acres, leaving 5 acres which can be dedicated to “Open/Mitigated space”.

Additional Info
Over the Top Realty
: Lakeside Water District
24-10-2023 18:08:49
V (7.3)
10+ to 20 AC
Click Here
: 0.0
0 Sqft
0 Sqft

Lot/landFor Sale Price $3,200,000 10270 Riverford Rd, Lakeside, Califo

12 Sqft
Listing ID #230014118
Basic Details
Property Type : Lot/land
Listing Type : For Sale
Listing ID : 230014118
Price : $3,200,000
Price Per SQFT : $266,667
Lot Area : 12 Sqft
Status Category : Active
Contact Agent
Mortgage Calculator
$ %
$ %per year
$ %per year