Views
Address
4458-64 30th St. San Diego, CA
Price
$ 1,850,000
Property Attributes
  • MLS#210028844
  • TypePending
  • CountySAN DIEGO
  • CitySan Diego
  • AreaNormal Heights
  • NeighborhoodNorth Park
  • Zip92116
  • Style
  • Price$ 1,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,971 SqFt
Listing Provided Courtesy Of:
Apartment Consultants, Inc.
Data Source:
San Diego Regional MLS (SDMLS) - 32 - CA
Property Description

Variance granted Lot/Land. Development Site. Potentially 51 apartments. No height limits! San Diego’s new Complete Communities plan allows for a floor area ratio for 6.5 times the land area. This dramatic change will enable our community to accommodate our growing population. SANDAG studies indicated that our county has an approximately 100,000-unit rental shortage. San Diego's premier urban economists London Moeder have analyzed the site. Their analysis indicates that a competent developer can pay $2,750,000 for this site and attain an adequate return on investment, even below the maximum allowable density. The builders who start the soonest will be meeting the most intense pent-up demand. In three to five years the modified zoning may result in some “catch-up” construction, i.e. there might be an 80,000- 95,000 unit shortage.

Price History
10/14/2021 Listed $2,700,000
10/26/2021 32% - $1,850,000

General Features

CFD/Mello-Roos Fee 0.0
Community NORMAL HEIGHTS
HOA Fee 0.0
Neighborhood North Park
Other Fees 0.0
Price Per Sq Ft 1.15625E7
Sale/rent For Sale
Senior Community Y/N N/K
Terms Cash, Conventional
Topography Level
Water Available
Zoning Commercial

Exterior Features

Fencing N/K
Frontage N/K
Irrigation N/K
Lot Size Area 4, 000-7, 499 SF
Water District CITY OF SAN DIEGO

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 92116

Price
AVG $1.26M
$1.85M
Visits
AVG 49
14

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