$1,845,000
1485 Morena Boulevard
San Diego, CA 92110
San Diego
County
Land
Property Type
About this home
A very well-located high-density multi-family development site situated in the Bay Park neighborhood of San Diego. Flexible commercial zoning (CC 4-2) allows for commercial or residential uses. This 9,280 square-foot paved corner lot is level and has alley access. Located 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. 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 multiple studies including: 9 townhomes + 74 unit building. Call for details.
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Mortgage Estimate
$9,820/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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