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1325 S 45th St

San Diego, CA 92113
  • $695,000
  • STATUS: ACTIVE
  • ON SITE: 9 Days
  • ID#: 220011143
UPDATED: 63 min ago
$695,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Pleased to present for sale an 18,000 SF vacant lot in San Diego, CA. This lot is zoned RM 2-5 and allows for 12 apartment units with a base density of 1 dwelling unit for each 1,500 square feet of lot area. With a 100% micro unit density bonus a developer could build 24 units. If 100% pre-density bonus affordable, the density is unlimited up to 7 stories. Located in the Complete Communities zone, this lot allows for unlimited density with 6.5 floor area ratio (FAR). The Complete Communities zone incentivizes developers to build affordable housing near high-frequency transit. The focus is intended to create a variety of housing options for those at low and middle-income levels. Situated in a qualified Opportunity Zone, this lot may offer tax benefits to investors. 1325 S 45th St is located in the Transit Priority Area and has zero parking requirements

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/128505949
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1325 S 45th St San Diego, CA 92113

  • Price: $695,000
  • Status: ACTIVE
  • On Site: 9 Days
  • Updated: 63 min ago
  • ID#: 220011143
0
Beds
0
Baths
0
½ Baths
0.41
Acres
Neighborhood:
Logan Heights (92113)
County:
San Diego
Area:
Logan Heights (92113)
Property Description
Pleased to present for sale an 18,000 SF vacant lot in San Diego, CA. This lot is zoned RM 2-5 and allows for 12 apartment units with a base density of 1 dwelling unit for each 1,500 square feet of lot area. With a 100% micro unit density bonus a developer could build 24 units. If 100% pre-density bonus affordable, the density is unlimited up to 7 stories. Located in the Complete Communities zone, this lot allows for unlimited density with 6.5 floor area ratio (FAR). The Complete Communities zone incentivizes developers to build affordable housing near high-frequency transit. The focus is intended to create a variety of housing options for those at low and middle-income levels. Situated in a qualified Opportunity Zone, this lot may offer tax benefits to investors. 1325 S 45th St is located in the Transit Priority Area and has zero parking requirements
Exterior Features

Land Use Multifamily Lot Dimensions Approx 50X300

Property Features

Current Use Vacant Have Vacant Lot Highest Best Use Multi-Dwelling Incorporated Y Mandatory Remarks None Known Market Area Metro Central Motive Want Sell Sales Restrictions N/K Short Sale No Tax Amount 8564 Tax Rate 1 Tax Year From 2021 Tax Year To 2022 Zoning Rm 2-5

San Diego MLS logo Listing provided courtesy of Marcus & Millichap. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101