Property Description

Prime 2.6 Acre Development Site in University Heights with Existing 4 units to provide income during Planning. Amazing Pastoral Views over Mission Valley. Base Zoning appears to be 18 large luxury Townhomes. Existing plans (from 2007) for 15 Unit Super Luxury Townhome/Condominium Complex Averaging 2000sqft each, or Design your larger project using San Diego's Bonus Density for up to 27 units, or up to 36 Micro-Units. Seller will consider offers. Survey and Geological Reports completed. Historic Review Passed. Base Zoning: RM 2-5 - 7,396sqft with Complete Communities Overlay; RM 1-1 - 28,289sqft; RS 1-1 84,481sqft. Larger Project Possible with Adjacent Parcel with 3 Existing Units Zoned for 10 units Plus Density Bonus to 15 Units; Total 42 Units; or 20 more Micro-Units. 4712/14/16 Arizona St - Available for $2,800,000; Survey/Geological/Historic also completed. Prime 2.6 Acre Development Site in University Heights with Existing 4 units to provide income during Planning. Amazing Pastoral Views over Mission Valley. Base Zoning appears to be 18 large luxury Townhomes. Existing plans (from 2007) for 15 Unit Super Luxury Townhome/Condominium Complex Averaging 2000sqft each, or Design your larger project using San Diego's Bonus Density for up to 27 units, or up to 36 Micro-Units. Seller will consider offers. Survey and Geological Reports completed. Historic Review Passed. Base Zoning: RM 2-5 - 7,396sqft with Complete Communities Overlay; RM 1-1 - 28,289sqft; RS 1-1 84,481sqft. Larger Project Possible with Adjacent Parcel with 3 Existing Units Zoned for 10 units Plus Density Bonus to 15 Units; Total 42 Units; or 20 more Micro-Units. 4712/14/16 Arizona St - Available for $2,800,000; Survey/Geological/Historic also completed.