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1229 Hollister Street

San Diego, CA 92154
  • $995,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: TR22080029
UPDATED: 72 min ago
$995,000
  • 0
    BEDS
  • 0.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Jonathan Minerick of Homecoin.Com (888-400-2513)


Description

UNDER VALUE PRICING. PRICING REDUCED / PERFECT SMALL DEVELOPMENT PROJECT IN SAN DIEGO. PARTNERS CANT BUILD AND MUST SELL. PRICING IS LESS THAN MARKET VALUE 2017 MAI IS ATTACHED $960K VALUE. BUILD APPROXIMATELY 20,000 SF IN SAN DIEGO NEAR OCEAN. OLD PLANS AND COMMENTS ARE READY TO BE RESUBMITTED BY NEW DEVELOPERS AND SUPPORTED BY CITY. 1. NO MAJOR GRADING IS ALLOWED. 2. EXISTING GRADE IS USED FOR PARKING 3. NEAR OCEAN WITH OCEAN BREEZE 4. SEWER MANHOLE WAS BUILT IN 2007 BY DEVELOPER WHEN WASHINGTON MUTUAL RECORDED A LAND LOAN FOR $1,000,000 ON THIS LAND BEFORE THE MARKET CRASH AND CITY AUTHORIZED SEWER CONNECTION TO THE UNITS (REFER TO CITY COMMENTS IN 2007) 5. CITY WILL SUPPORT AND EXPEDITE THE PLANS IF SUBMITTED AS IS (MUST VERIFY THIS INFORMATION) 6. INFILL HIGH DEMAND DEVELOPMENT PROJECT 7. DRAINAGE IS NATURAL TO THE WEST SIDE OF THE LAND USING COMMON DRAINAGE. 8. WATER AND ELECTRICITY ON CURB AND CITY HAS SIGNED OFF A WAIVER OF UNDER GROUND ELECTRICITY CONNECTION REQUIREMENT (MUST VERIFY) 9. PROJECT IS SUPPORTED BY STORM DRAINAGE CAPACITY FOR THE 13 HIGH DENSITY CONDOS OR APARTMENTS AS PLANNED. 10. ENVIRONMENTAL SENSITIVE IMPACT: VERIFIED 08.14.2014 A. SENSITIVE BIOLOGIC RESOURCES: NO B. STEEP HILLSIDE: NO C. COSTAL BEACHES: NO D. SENSITIVE COSTAL BLUFFS: NO E. 100 YEAR FLOODPLAIN: No

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T13:30:48.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/127884968
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1229 Hollister Street San Diego, CA 92154

  • Price: $995,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 72 min ago
  • ID#: TR22080029
0
Beds
0
Baths
0
½ Baths
0.92
Acres
Neighborhood:
South Sd
County:
San Diego
Area:
92154 - Otay Mesa
Property Description
UNDER VALUE PRICING. PRICING REDUCED / PERFECT SMALL DEVELOPMENT PROJECT IN SAN DIEGO. PARTNERS CANT BUILD AND MUST SELL. PRICING IS LESS THAN MARKET VALUE 2017 MAI IS ATTACHED $960K VALUE. BUILD APPROXIMATELY 20,000 SF IN SAN DIEGO NEAR OCEAN. OLD PLANS AND COMMENTS ARE READY TO BE RESUBMITTED BY NEW DEVELOPERS AND SUPPORTED BY CITY. 1. NO MAJOR GRADING IS ALLOWED. 2. EXISTING GRADE IS USED FOR PARKING 3. NEAR OCEAN WITH OCEAN BREEZE 4. SEWER MANHOLE WAS BUILT IN 2007 BY DEVELOPER WHEN WASHINGTON MUTUAL RECORDED A LAND LOAN FOR $1,000,000 ON THIS LAND BEFORE THE MARKET CRASH AND CITY AUTHORIZED SEWER CONNECTION TO THE UNITS (REFER TO CITY COMMENTS IN 2007) 5. CITY WILL SUPPORT AND EXPEDITE THE PLANS IF SUBMITTED AS IS (MUST VERIFY THIS INFORMATION) 6. INFILL HIGH DEMAND DEVELOPMENT PROJECT 7. DRAINAGE IS NATURAL TO THE WEST SIDE OF THE LAND USING COMMON DRAINAGE. 8. WATER AND ELECTRICITY ON CURB AND CITY HAS SIGNED OFF A WAIVER OF UNDER GROUND ELECTRICITY CONNECTION REQUIREMENT (MUST VERIFY) 9. PROJECT IS SUPPORTED BY STORM DRAINAGE CAPACITY FOR THE 13 HIGH DENSITY CONDOS OR APARTMENTS AS PLANNED. 10. ENVIRONMENTAL SENSITIVE IMPACT: VERIFIED 08.14.2014 A. SENSITIVE BIOLOGIC RESOURCES: NO B. STEEP HILLSIDE: NO C. COSTAL BEACHES: NO D. SENSITIVE COSTAL BLUFFS: NO E. 100 YEAR FLOODPLAIN: No
Exterior Features

Fencing Barbed Wire Lot Features 11-15 Units/AcreValue In Land Road Frontage Type City Street Road Surface Type Maintained View None View YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Land Lease YN No Listing Agreement Open Listing Service Entry Only Listing Terms Trade New Construction YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Bankruptcy PropertyNotice Of Default Tax Annual Amount 10000 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning R1-1 Zoning Description One Unit For Each 3000 Sf Land



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T13:30:48.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Jonathan Minerick of Homecoin.Com (888-400-2513)