1485 Morena, Old Town, CA 92110
- $1,845,000
- List Price
- $1,845,000
- Days on Market
- 117
- Status
- ACTIVE
- MLS#
- NDP2603062
- Lot Size(apprx.)
- 9,280
- City
- Old Town
- Neighborhood
- Bay Park
- Property Type
- Land
Property Description
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. Flexible commercial zoning (CC 4-2) allows for commercial or residential uses. Located within San Diegos 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 citys transit corridors. Fault hazard evaluation has determined that there is no evidence of active faults. Phase I & II, boundary & topographic survey, soils report and feasibility study are complete. Take advantage of the Starter Home Act (SB 684 + SB 1123) which makes it much easier to create small-lot, for-sale housing projects without a lengthy entitlement process - Seller has study for 8 for sale homes. Call for details. 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. Flexible commercial zoning (CC 4-2) allows for commercial or residential uses. Located within San Diegos 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 citys transit corridors. Fault hazard evaluation has determined that there is no evidence of active faults. Phase I & II, boundary & topographic survey, soils report and feasibility study are complete. Take advantage of the Starter Home Act (SB 684 + SB 1123) which makes it much easier to create small-lot, for-sale housing projects without a lengthy entitlement process - Seller has study for 8 for sale homes. Call for details.
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Listing courtesy of Listing Agent: Tommy Crudo (858-583-2018) from Listing Office: Compass.
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