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530 42nd St 1 & 2, San Diego, CA 92102
$1,199,000
530 42nd St 1 & 2, San Diego, CA 92102View this property at 530 42nd St 1 & 2, San Diego, CA 92102
530 42nd St 1 & 2San DiegoCA92102
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Property Description
Multifamily Development opportunity on these vacant lots totaling 12,040 SF, Zoned CN-1-4, benefiting from the Complete Communities Zoning overlay allowing you to build up to 105 units! The overlay permits expanded construction beyond standard zoning, and included are plans that are getting approved for 18 units with a very generous unit mix with the foundation permit already approved! The flat/level terrain simplifies development and the two existing structures—a 2 bed, 1 bath home and a detached 2-car garage—only give you more opportunities to develop! Positioned for growth, this property promises a lucrative venture in a high-potential locale.
Full Property Details
Full Property Details for 530 42nd St 1 & 2
General
- Price: $1,199,000
- Status: Active
- Type: Lots/Land
- MLS ID: 230022320
- Updated: 5/23/2024
- Added to Site: 208 day(s) ago
Additional Information
- Other Features: Value in Land
Location
- Area: SAN DIEGO (92102)
- County: San Diego
- Subdivision: San Diego
- Cross Streets: Market St x 42nd St
Utilities
- Sewer: Sewer Available
- Water District: CITY OF SAN DIEGO
- Not Onsite: Above Ground
Structural Information
- Existing Structures: Other/Remarks
Lot Features
- Lot Size (Acres): 0.27
- Lot Dimensions: 233 x 52
- Frontage: N/K
- Frontage Feet: 52
- Topography: Level
- Zoning: CN-1-4
- Lot Description: Public Street, Sidewalks, Street Paved
- Fencing (Description): Full
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by eXp Realty of California, Inc.
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Schools
Schools serving 530 42nd St 1 & 2
School District:San Diego Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4041 T St, San Diego, CA 92113 | K-5 | 0.3 mi | |
1098 S 49th St, San Diego, CA 92113 | 6-8 | 0.9 mi | |
4777 Imperial Ave, San Diego, CA 92113 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 530 42nd St 1 & 2
Date
Details
Price
Change
Source
5/23/2024
Price Reduced
$1,199,000
-14.3%
MLS
11/11/2023
Listed
$1,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 530 42nd St 1 & 2
530 42nd St 1 & 2, San Diego, CA 92102 (MLS# 230022320) is a Lots/Land property with a lot size of 0.27 acres. 530 42nd St 1 & 2 is currently listed for $1,199,000 and was received on November 11, 2023. Want to learn more about 530 42nd St 1 & 2? Do you have questions about finding other Lots/Land real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.