2436 ADAMS AVENUE, SAN DIEGO, CA 92116

  • Lot Size: 113,256 sqft
  • MLS #PTP2101093
For Sale $3,600,000

Description

Prime 2.6 Acre Development Site in University Heights with Existing 4 units to provide income during Planning. Amazing Pastoral Views over Mission Valley. Base Zoning appears to be 18 large luxury Townhomes. Existing plans (from 2007) for 15 Unit Super Luxury Townhome/Condominium Complex Averaging 2000sqft each, or Design your larger project using San Diego's Bonus Density for up to 27 units, or up to 36 Micro-Units. Seller will consider offers. Survey and Geological Reports completed. Historic Review Passed. Base Zoning: RM 2-5 - 7,396sqft with Complete Communities Overlay; RM 1-1 - 28,289sqft; RS 1-1 84,481sqft. Larger Project Possible with Adjacent Parcel with 3 Existing Units Zoned for 10 units Plus Density Bonus to 15 Units; Total 42 Units; or 20 more Micro-Units. 4712/14/16 Arizona St - Available for $2,800,000; Survey/Geological/Historic also completed. Larger Project Possible with Adjacent Parcel with 3 Existing Units Zoned for 10 units Plus Density Bonus to 14 Units; Total 41 Units, or 20 more Micro-Units. 4712/14/16 Arizona St - Available for $2,800,000; Survey/Geological/Historic also completed.

FACTS / FEATURES

  • Lot Size: 113,256 sqft
  • View: Hills

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Listing Provided by Lee Sheppard, Sheppard & Co.
Based on information from California Regional Multiple Listing Service, Inc. as of February 28, 2021. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.