Active
10270 Riverford Rd
Lakeside CA, 92040
$3,200,000
$6.12 per sqft
Active
12 Acres
Land
Listed by Sharon Heyden with Over the Top Realty 844-688-7473
***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".
230014118SD
MLSⓇ ID
July 21, 2023
Listed
March 23, 2024
Updated
Map
10270 Riverford Rd
Lakeside CA, 92040
Exterior/Building Features
Lot Size
12 Acres
Other Property Details
Area Name
92040 - Lakeside
Days on Market
95
Garage
No
Parking Total
0
View
No
County
San Diego
Pool
No
Zoning
V (7.3)
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
10/24/2023 | Price Change | $3,200,000 33% |
Listing Contact: 844-688-7473
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 3/23/2024 at 1:29 AM UTC