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Rachell Lara

rachell@laraandco.com +1(619) 316-7445

$ 2,095,000

Est. payment | -/mo

2.12 Acres Lot

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$ 2,095,000

Est. payment | -/mo

Save Virtual Tour

2.12 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2606353

HOA Y/N No

Lot Size 2.120 Acres

Property Description

The subject property consists of approximately ±2.12 acres of vacant land located in the Encanto neighborhood of San Diego, California. The site presents a rare residential development opportunity in an infill location with convenient access to public transit, major transportation corridors, and neighborhood amenities. The property is positioned to benefit from California's pro-housing legislation, including State Density Bonus provisions that may allow for the development of up to 32 residential lots by right. Additional density potential may be achieved through SB 1123, providing developers with flexibility to maximize the site's residential yield. Given its size, location, and favorable development framework, the property is ideally suited for a variety of residential product types, including detached homes, small-lot subdivisions, and other for-sale or rental housing concepts. This offering represents an exceptional opportunity for developers and investors seeking a scalable residential land play in one of San Diego's supply constrained housing markets. Contact broker for more information: Stevie Berman (408)202-0611.

Location

State CA

County San Diego

Area 92114 - Encanto

Zoning RS-1-6

Interior

Fireplace No

Exterior

Community Features Biking, Curbs, Dog Park, Golf, Hiking, Park, Suburban, Sidewalks

View Y/N Yes

View Bay, Coastline, Neighborhood

Building

Lot Description 6-10 Units/Acre

New Construction No

Others

Senior Community No

Tax ID 5442150200

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Court Approval, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, Lease Back

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Court Approval, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, Lease Back

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2606353

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Steven Berman Lee & Associates 408-202-0611, DRE #02242051

NEARBY SCHOOL & BUSINESS

+1(619) 316-7445

rachell@laraandco.com

1420 Kettner Blvd. # 100, Diego, CA 92101, USA

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San Diego Cities & Communities

701 66th ST San Diego, CA 92114