2065 69th St

Attention Developers and Home Builders! Existing remodeled home on huge lot with a plethora of options. Room to subdivide the 1.5 acre parcel into 8 lots and build 7+ homes (plus the existing home). Ideal opportunity for contractor, home builder, or buyer looking for a larger lot, guest home(s), ADU etc. A 5 lot Tentative Parcel Map was previously approved by the city of Lemon Grove and is now expired. Seller may be open to resubmitting the TPM with a full price offer.
According to the city of Lemon Grove, this property is also eligible for the new CA Senate Bill 9 to split the lot into 2 lots with each lot having a home and ADU for a total of 4 homes.
The existing home was fully remodeled down to the studs and features A/C, SS appliances, a breakfast bar, master suite w/large master bath, 2 car garage, fenced yard and view. The existing home also includes upgraded plumbing and electrical as well as a large bonus room with it's own entrance that can possibly be converted into an ADU or granny flat. Seller's plans and reports included: Architectural, structural, grading, engineering, water, improvement plans, soil report, and previously approved 5 lot TPM. Rent the existing vacant home while waiting for entitlements. Estimated rental value of $4,450 per month for the existing home.
Buyer to verify all.
Existing home: 3 Bed / 2 Bath2,155 sq ft (including the 650 sq ft unpermitted bonus room)
Front / West side of lot located at: 2065 69th StLemon Grove, CA 91945
Rear / East side of lot located at: North End of Dartmoor Dr Lemon Grove, CA 91945