National City, CA 91950,945-1003 N Avenue
National City, CA 91950,945-1003 N Avenue
National City, CA 91950,945-1003 N Avenue
$2,300,000
Est. payment /mo
$2,400,000
4.2%
Est.Price: ?

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SOLD DATE : 12/15/2021

Key Details

Sold Price $2,300,000

Property Type Commercial

Sub Type Com-Lnd/Rn/Grv

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 210028143

Sold Date 12/15/21

HOA Fees $1,522,000

HOA Y/N Yes

Acres 1.575

Lot Dimensions 226x311

Property Description

Amazing Investment and Re-Development Project. This is a RM-3 zoning and Opportunity zonw could be built up to 45-75 units per acre according to National City Planning Office. There are 2 (Two) adjoining lots 5571801600 and 5572500100 total of 68635 Sqft. totaling 1.575+ acres which allows up to 118 units also buildable up to 9 (Nine) stories. Property sits higher than other , this will also give great View Property as well. Lots are very close to E. Plaza Blvd which is just 2 blocks to 805 freeway and close approximate to Shops, Markets as well as Restaurants. Could also be Amazing Project for Condominium Complex with views as well as Apartment project. Value is On The Land. Current comps for units built is $400K to $480K National City is experiencing unprecedented Growth and will continue to grow, prime investment opportunity. VALUE IS ON THE LAND FOR APARTMENT OR CONDO PROPJECTS

Location

State CA

County San Diego

Area National City (91950)

Zoning RM-3

Exterior

View Mountains/Hills

Others

Monthly Total Fees $1

Acceptable Financing Cash, Other/Remarks, Submit

Listing Terms Cash, Other/Remarks, Submit

Financing Other/Remarks

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Orr Olson • Orr Olson Broker
Bought with Orr Olson • Orr Olson Broker
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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