10270 Riverford Rd , Lakeside, CA 92040
Lakeside, CA 92040
Description
***Seller says bring all offers. Flexible Terms available ***This currently underimproved parcel located in the unincorporated area of San Diego County, is ready for your development. Highest and best use as an affordable housing condo project maximizing the density bonus program at 159 affordable units awaits.**** Not subject to State or Federal Guidelines, developer may charge rents in accordance with San Diego County's AMI of 80% allowing for a higher ROI. (State and Federal funding programs require 30-50% AMI target tenant, currently not available)**** San Diego County's commitment to affordable housing has generated a "fast track" permitting process which allows developers a high-speed lane from plan submission to breaking ground. Further, a maximum of development waivers are available**** Situated on 12 acres with a topography of moderate slope, the topography supports the development of 7 of the 12 acres, leaving 5 acres which can be dedicated to "Open/Mitigated space".
Details
| MLS# | 230014118SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 545 |
| Listing Provided By | Over the Top Realty 844-688-7473 | Sharon Heyden |
Features
| Zoning | V (7.3) |
|---|---|
| Acreage | 12.00 |
Market Activity 92040
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | Lakeside |
| Zip Code | 92040 |
| Area | 92040 Lakeside |
| Community Name | Lakeside |
| Listing VS Median (in Lakeside) | |
Price: $3,200,000 low | high Med: $428,000 On Site: 545 low | high Med: 8.000000 | |
