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5432 Churchward Street , 548-204-51-00

San Diego, CA 92114
  • $1,199,000
  • STATUS: ACTIVE
  • ON SITE: 44 Days
  • ID#: 220007839
Price Reduced
UPDATED: 198 min ago
$1,199,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

The Bove Group is pleased to exclusively present an opportunity to acquire a development site ideally located in Encanto, San Diego. The proposed project consists of 10 (3BD, 2BA) rental apartments at 5432-34 Churchward Street, San Diego CA 92114. This is an infill project in a high demand densely populated Encanto neighborhood in Southeast San Diego and is walking distance from public transit station (Trolley and Bus). The project site is currently a half acre vacant lot. Plans include Private Grading, ROW and Building. The proposed development has 10 apartments and approximately 23 parking spaces. The site is at a significant elevation from the sea level and has a view to the ocean. Each unit will have 2 stories, with two bedroom and a bathroom downstairs and family room, kitchen and a bedroom and a bathroom upstairs to maximize the benefit of the ocean view. Based on the elevation and angle, it is expected that ocean view will be available to each unit from the second-floor balcony thereby enhancing desirability and rents. One of the rental units has been put in long term affordable housing program to take advantage of state bonus density law and other incentives available for mixed use housing. Necessary agreements have been fully executed with San Diego Housing Commission. This is a shovel ready project and has potential to bring excellent return to the owner.

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San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.teamforss.com/homes/127412925
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5432 Churchward Street , 548-204-51-00 San Diego, CA 92114

  • Price: $1,199,000
  • Status: ACTIVE
  • On Site: 44 Days
  • Updated: 198 min ago
  • ID#: 220007839
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Encanto
County:
San Diego
Area:
Encanto (92114)
Property Description
The Bove Group is pleased to exclusively present an opportunity to acquire a development site ideally located in Encanto, San Diego. The proposed project consists of 10 (3BD, 2BA) rental apartments at 5432-34 Churchward Street, San Diego CA 92114. This is an infill project in a high demand densely populated Encanto neighborhood in Southeast San Diego and is walking distance from public transit station (Trolley and Bus). The project site is currently a half acre vacant lot. Plans include Private Grading, ROW and Building. The proposed development has 10 apartments and approximately 23 parking spaces. The site is at a significant elevation from the sea level and has a view to the ocean. Each unit will have 2 stories, with two bedroom and a bathroom downstairs and family room, kitchen and a bedroom and a bathroom upstairs to maximize the benefit of the ocean view. Based on the elevation and angle, it is expected that ocean view will be available to each unit from the second-floor balcony thereby enhancing desirability and rents. One of the rental units has been put in long term affordable housing program to take advantage of state bonus density law and other incentives available for mixed use housing. Necessary agreements have been fully executed with San Diego Housing Commission. This is a shovel ready project and has potential to bring excellent return to the owner.
Exterior Features

Fencing N/K Frontage N/K Irrigation N/K Topography Slope Gentle

Property Features

Additional Property Use N/K Age Restrictions N/K Cfd Mello Roos Fee 0.0 Community Encanto Complex Features N/K Cross Streets Dream Street Current Use Other/Remarks Development Building Plans Approved Highest Best Use Residential Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Miscellaneous Value in Land Monthly Total Fees 0 Occupied Vacant Other Fee Type N/K Other Fees 0.0 Sales Restrictions N/K Short Sale No Terms CashConventional Utilities Available Other/Remarks Utilities To Site Other/Remarks Water Other/Remarks Water District City Of San Diego

San Diego MLS logo Listing provided courtesy of Marcus & Millichap. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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31213 Temecula Parkway
Temecula CA, 92592