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".
Property Type
LandSubdivision
FallbrookCounty
San DiegoStyle
LandAD ID
44592757
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BuyOwner last updated this listing 04/28/2024 @ 22:57
- MLS: 230014118SD
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
Buyer Agency Compensation: 2%
Offer of compensation is made only to participants of the MLS where the listing is filed.
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 522,720 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lakeside , in zip code 92040, this San Diego County Land , it is in the FALLBROOK Subdivision, are nearby neighborhoods.