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1358 Montiel Rd - General Plan 7.3 DU/Acre

1.55 Acres of Residential Land Offered at £1,339,067 in Escondido, CA 92026

Investment Highlights

  • Existing home approximately 864 square feet
  • Existing Conceptual Yield Study for 24 Units
  • Current zoning is Single Family Residential (RS)

Executive Summary

The subject property consists of two parcels totaling approximately 1.55 acres with a 864 sf single family home. A yield study was
completed for 24 units utilizing a triplex condo with a carriage unit and two townhome units, however the zoning and general plan do
not allow that by right. Buyer may potentially utilize AB1287 or SB9 for additional units.

Attachments

1358MontielRd

Property Facts

Price £1,339,067
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1.55 AC

1 Lot Available

Lot

Price £1,339,067
Price Per AC £863,914
Lot Size 1.55 AC

Two parcels totaling approximately 1.55 acres

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
228-171-13
Land Assessment
£11,427
Improvements Assessment
£0
Total Assessment
£11,427

zoning

Zoning Code VR-7.3 (Village Residential)
VR-7.3 (Village Residential)
  • Listing ID: 31096287

  • Date on Market: 01/03/2024

  • Last Updated:

  • Address: 1358 Montiel Rd, Escondido, CA 92026

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