1229 Hollister St, Otay Mesa, CA 92154

$1,399,900

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List Price
$1,399,900
Price Change
▼ $200,000 1782850952
Days on Market
89
Status
ACTIVE
MLS#
260012408
Lot Size(apprx.)
39,204
City
Otay Mesa
Neighborhood
Nestor/Otay Mesa
Property Type
Land

Property Description

R-4 Multifamily Land 0.90 Acres Concept Plans Included. Prime 0.90-acre R-4 development site in the Nestor neighborhood of South San Diego with engineer-stamped concept plans for a 24-unit residential layout plus one 2,205 sq. ft. single-family residence. City permit review in process with completed structural plans, topographic survey, elevation report, geotechnical evaluation, and TRWE HEC-RAS floodplain analysis indicating potential to expand buildable area from approx. 22,000 sq ft to approx. 35,000 sq ft, supporting up to ~30 units pending FEMA map revision (LOMR/CLOMR). Located 0.9 miles to I-5 and I-805 access and 56 miles to area beaches including Imperial Beach, with nearby grocery, transit, and commercial services. Flat-to-gently sloped terrain with existing access points and planned retaining wall engineering. Land offered with plans and due diligence documents available for review. Buyer to verify all development potential with the City of San Diego and FEMA. R-4 Multifamily Land 0.90 Acres Concept Plans Included. Prime 0.90-acre R-4 development site in the Nestor neighborhood of South San Diego with engineer-stamped concept plans for a 24-unit residential layout plus one 2,205 sq. ft. single-family residence. City permit review in process with completed structural plans, topographic survey, elevation report, geotechnical evaluation, and TRWE HEC-RAS floodplain analysis indicating potential to expand buildable area from approx. 22,000 sq ft to approx. 35,000 sq ft, supporting up to ~30 units pending FEMA map revision (LOMR/CLOMR). Located 0.9 miles to I-5 and I-805 access and 56 miles to area beaches including Imperial Beach, with nearby grocery, transit, and commercial services. Flat-to-gently sloped terrain with existing access points and planned retaining wall engineering. Land offered with plans and due diligence documents available for review. Buyer to verify all development potential with the City of San Diego and FEMA.

Additional Information

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Steven J Rotsart Jr (619-461-5800) from Listing Office: Coldwell Banker Realty.

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