20

945 N AVE National City, CA 91950

$2,400,000

Bedrooms

Total Baths

Full Baths

Square Feet

Acres

Year Built

22 days

On Website

Active

Status

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

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Details


Building And Construction
Property Sub Type
Commercial
Property Type
Commercial

Exterior And Lot
Zoning
RM-3

Area And Schools
City
National City
County Or Parish
San Diego

Financial Info
Buyer Agency Compensation
2.5%

Listing By Orr Olson Broker – Orr Olson

MLS# 210028143

Data Last Updated 3:21PM - 10/28/2021

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

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