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    945-1003 N Avenue

    National City, CA 91950
    • $2,400,000
    • STATUS: ACTIVE
    • ON SITE: 13 Days
    • ID#: 210028143
    UPDATED: 88 min ago
    $2,400,000
    • 0
      BEDS
    • 1.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    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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    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/122145158
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    945-1003 N Avenue National City, CA 91950

    • Price: $2,400,000
    • Status: ACTIVE
    • Updated: 88 min ago
    • ID#: 210028143
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.58
    Acres
    Neighborhood:
    National City (91950)
    County:
    San Diego
    Area:
    National City (91950)
    Property Description
    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
    Exterior Features

    Buildings 2 Crops None Distance To Freeway 0.3 Improvements ElectricGasSewerWater Lot Dimensions Approx 226X311 Roads Gravel Street Frontage 226 Topography Rolling View Mountains/Hills

    Property Features

    Assumable Finance 0 City Water Y Current Use Multi-Dwelling Development Status More Improvements Needed Existing Bonds N Existing Financing Conventional Financial Information Source Owner Have High Density Rm-3 Zone Highest Best Use CommercialMulti-DwellingResidential Incorporated N Land Type Lots/Land (Improved) Mandatory Remarks None Known Market Area South Bay Motive Want Cash Out Present Loan 260000 Sales Restrictions N/K Sewer Y Short Sale No Special City Report Special Assessments N Special Requirements Demolition ReqGrading Req Special Zones Planned Unit DevelopmentRedevelopment Area Sq Ft Source Assessor Record Tax Amount 12133 Tax Rate 1 Tax Year From 2021 Tax Year To 2021 Terms CashSubmitOther/Remarks Type Of Land Rm-3 High Dens Utilities Available Above GroundBelow GroundElectricNatural GasSewerWater Water District City Of National City Zoning Rm-3

    Listing provided courtesy of Orr Olson Broker. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    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 © 2021 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