10270 Riverford Rd

    Lakeside, CA 92040
    • $2,300,000
    • STATUS: ACTIVE
    • ON SITE: 57 days
    • ID#: 190052102
    UPDATED: 64 min ago
    $2,300,000
    • 0
      BEDS
    • 12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    20 lot subdivision: 7500-14000 sf lots. Adjacent to Paseo Park (77 homes built in 1986 ranging from 1100-1550 sf commanding $525000 plus). (see pics)****Tentative map encompasses level portion of 12 acres with hillside dedicated as mitigated.****Discount for all cash buyer for 2019 closing.**** Seller willing to stay on to assist in tentative map final (est March 2020) ****Engineering improvements estimated at 1.2M.****Projected profit $1.5-$2M prior to buildout.*****Seller may consider financing options based upon the strength of buyer and down payment.**** Existing tenant occupied home suitable for financing during the development process. ********************************************************************************************************************** All figures are estimated based upon current market conditions at time of listing. Buyer not to rely upon broker's marketing speculation and to perform their own due diligence prior to closing.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.teamforss.com/homes/99151834

    10270 Riverford Rd Lakeside, CA 92040

    • Price: $2,300,000
    • Status: ACTIVE
    • Updated: 64 min ago
    • ID#: 190052102
    0
    Beds
    0
    Baths
    0
    ½ Baths
    12
    Acres
    Neighborhood:
    Lakeside (92040)
    County:
    San Diego
    Area:
    Lakeside (92040)
    Property Description
    20 lot subdivision: 7500-14000 sf lots. Adjacent to Paseo Park (77 homes built in 1986 ranging from 1100-1550 sf commanding $525000 plus). (see pics)****Tentative map encompasses level portion of 12 acres with hillside dedicated as mitigated.****Discount for all cash buyer for 2019 closing.**** Seller willing to stay on to assist in tentative map final (est March 2020) ****Engineering improvements estimated at 1.2M.****Projected profit $1.5-$2M prior to buildout.*****Seller may consider financing options based upon the strength of buyer and down payment.**** Existing tenant occupied home suitable for financing during the development process. ********************************************************************************************************************** All figures are estimated based upon current market conditions at time of listing. Buyer not to rely upon broker's marketing speculation and to perform their own due diligence prior to closing.
    Exterior Features

    Acres1 12 Improvements Other/Remarks Land Use Residential Lot Dimensions Approx 700X752 Roads Other/Remarks Topography LevelOther/Remarks View Some

    Property Features

    Current Use Residential Development Status More Improvements NeededPlans Filed Financial Information Source Owner Have 12 Ac/20 Lot/Tentative Mp Highest Best Use Residential Incorporated N Land Type Lots/Land (Unimproved) Mandatory Remarks None Known Market Area East County Sales Restrictions N/K Short Sale No Special Other/Remarks Special Requirements Demolition Req Tax Amount 10281 Tax Rate 1 Tax Year From 2019 Tax Year To 2020 Terms CashSubmit Type Of Land Residential

    Listing provided courtesy of Over The Top Realty. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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