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945 N Avenue

National City, CA 91950
  • $2,400,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: 210028137
UPDATED: 72 min ago
$2,400,000
  • 0
    BEDS
  • 1.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of Orr Olson of Orr Olson Broker

Description

Amazing Investment and Re-Development Project. This is a RM-3 zoning and Opportunity zonw could be built up to 45-75 units per acre according to National City Planning Office. There are 2 (Two) adjoining lots 5571801600 and 5572500100 total of 68635 Sqft. totaling 1.575+ acres which allows up to 118 units also buildable up to 9 (Nine) stories. Property sits higher than other , this will also give great View Property as well. Lots are very close to E. Plaza Blvd which is just 2 blocks to 805 freeway and close approximate to Shops, Markets as well as Restaurants. Could also be Amazing Project for Condominium Complex with views as well as Apartment project. Value is On The Land. Current comps for units built is $400K to $480K National City is experiencing unprecedented Growth and will continue to grow, prime investment opportunity. VALUE IS ON THE LAND FOR APARTMENT OR CONDO PROPJECTS Amenities: BBQ Exterior: ,,,,

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T07:31:22.417. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/122144736
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945 N Avenue National City, CA 91950

  • Price: $2,400,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 72 min ago
  • ID#: 210028137
0
Beds
0
Baths
0
½ Baths
1.58
Acres
Neighborhood:
91950 - National City
County:
San Diego
Area:
91950 - National City
Property Description
Amazing Investment and Re-Development Project. This is a RM-3 zoning and Opportunity zonw could be built up to 45-75 units per acre according to National City Planning Office. There are 2 (Two) adjoining lots 5571801600 and 5572500100 total of 68635 Sqft. totaling 1.575+ acres which allows up to 118 units also buildable up to 9 (Nine) stories. Property sits higher than other , this will also give great View Property as well. Lots are very close to E. Plaza Blvd which is just 2 blocks to 805 freeway and close approximate to Shops, Markets as well as Restaurants. Could also be Amazing Project for Condominium Complex with views as well as Apartment project. Value is On The Land. Current comps for units built is $400K to $480K National City is experiencing unprecedented Growth and will continue to grow, prime investment opportunity. VALUE IS ON THE LAND FOR APARTMENT OR CONDO PROPJECTS Amenities: BBQ Exterior: ,,,,
Exterior Features

Construction Materials Drywall Parking Total 0 Roof Shake

Interior Features

Heating Floor Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 65400 Listing Agreement Exclusive Right To Sell Net Operating Income 65400 Operating Expense 0 Property Sub Type Mixed Use Zoning Rm-3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T07:31:22.417. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing provided courtesy of Orr Olson of Orr Olson Broker