4
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$2,995,000
Est. payment /mo
Price Dropped by $305K
945 N Ave #n National City, CA 91950
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision National City
MLS Listing ID 260002519
Property Sub-Type Lots/Land
Property Description
We present an exceptional investment opportunity with the property at 945 N Avenue, in National City, California. This 1.57-acre parcel lies in the high growth submarket of National City and offers supreme optionality for multifamily development. The true potential of 945 N Avenue lies in its versatility. Developers can opt to build the current proposed plans which include 58 surface parked units on the site. A new owner could also further maximize the site's potential by utilizing current by-right high density residential zoning, allowing up to 75 units per acre. The site, located in a qualified opportunity zone, offers a chance to build market rate, workforce, senior, or affordable housing in National City's booming residential market.
Location
State CA
County San Diego
Area South Bay
Zoning RM-3
Interior
Fireplace No
Exterior
Utilities Available Other/Remarks
View Y/N Yes
Water Access Desc Available
View Bay, Evening Lights, Golf Course, Panoramic, Valley/Canyon
Present Use Unimproved
Building
Water Available
Others
Senior Community No
Tax ID 557-180-16
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/260002519
Listed by Erik M Anderson, DRE#01991182 Newmark of Southern California
NEARBY SCHOOL & BUSINESS
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