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1485 Morena Blvd 0.21 Acres of Commercial Land Offered at $1,845,000 in San Diego, CA 92110
Investment Highlights
- Corner level lot
- Potential for bay / city / ocean views
- Desirable location
- No evidence of active faults
- Proximity to light rail
- 5.5 FAR through Complete Communities
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $1,845,000 | Lot Size | 0.21 AC |
| Price Per AC | $8,660,386.13 |
| Price | $1,845,000 |
| Price Per AC | $8,660,386.13 |
| Lot Size | 0.21 AC |
Fault hazard evaluation has determined that there is no evidence of active faults. Phase I & II, boundary & topographic survey and feasibility study are complete.
Description
NOTE NEW PRICE. A very well-located high-density multi-family development site situated in the Bay Park neighborhood of San Diego. This 9,280 square-foot paved corner lot is level and has alley access. The subject property’s base zone is CC 4-2 and is within San Diego’s Complete Communities overlay (providing a 5.5 FAR allowance). Complete Communities is an initiative by the City of San Diego that provides high-density residential development along the city’s transit corridors. Recent townhome study shows site could potentially accommodate 9 homes (no affordable) with the following square footages: two 1,750 SF Homes/ three 1,500 SF homes / four 1,150 SF homes.
Presented by
1485 Morena Blvd
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