For Sale
For Sale
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Total Building Size
5,375 RSF
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Overview
Opportunity to develop multi-family units upon a previously developed home site with expansive views of downtown San Diego. The buildable pad is situated at the top of the lot with stairs to access it from the street below, although both are in a state of disrepair. All utilities are run to the site. The property is of split zoning where the top half of the lot is zoned RM 2-5 (1 du per 1,500 sf) and the lower portion is zoned OR 1-1 (1 per lot) so the site is projected to have 3 unit potential; however, Buyer shall conduct their own investigations with the City. The unimproved City street formerly dedicated as Union Street sits at the base of the lot and creates immediate access to the public right of ways. There is a 40 foot height allowance and the site is located within a Transit Priority Area, thus requiring minimal to no new parking requirements.
Property Details
Bankers Hill Development Site
Opportunity to develop multi-family units upon a previously developed home site with expansive views of downtown San Diego. The buildable pad is situated at the top of the lot with stairs to access it from the street below, although both are in a state of disrepair. All utilities are run to the site. The property is of split zoning where the top half of the lot is zoned RM 2-5 (1 du per 1,500 sf) and the lower portion is zoned OR 1-1 (1 per lot) so the site is projected to have 3 unit potential; however, Buyer shall conduct their own investigations with the City. The unimproved City street formerly dedicated as Union Street sits at the base of the lot and creates immediate access to the public right of ways. There is a 40 foot height allowance and the site is located within a Transit Priority Area, thus requiring minimal to no new parking requirements.
- Property TypeLand
- Submarket
- Sale Price$100,000
- Total Building Size5,375RSF
- Total Acres0.12
- Property ID2128858