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Tompkins - 0000 Pardee St 0.33 Acres of Residential Land Offered at £485,306 in San Diego, CA 92102

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EXECUTIVE SUMMARY

Rare Investment Opportunity! 3 lots totaling 14,280 SF within 2 miles of Downtown in the Heart of the City! With the option to buy the parcels individually, don't wait as 1 out 4 parcels just SOLD! The remaining 3 parcels are unique because they are specially designated within the "Complete Communities Plan" that the City of San Diego has created to provide housing opportunities for all, including low income residents! This is an unbelievable opportunity that any investor can take advantage of in order to maximize density at levels usually only seen in downtown which would in turn allow you to get a bigger bang for your buck on your development! By the way, did I forget to mention this property sits in an opportunity zone that will allow you to create tax free gains?! Act now and build your wealth!

PROPERTY FACTS

Price £485,306
Sale Type Investment
Sale Condition 1031 Exchange
No. Plots 1
Property Type Land
Property Subtype Residential
Proposed Use
Flats
  • Apartment Units - Flats
  • Single Family Development
  • Single Family Residence
Total Plot Size 0.33 ac
Opportunity Zone Yes
Use Class RM-2-5 - 1 Dwelling per 1,500 SF. Property falls within the Complete Communities Zoning which allows a Floor Area Ratio of 6.5 allowing for up to 164 units!

1 PLOT AVAILABLE

Plot

Price £485,306
Price Per ac £1,480,386.48
Total Plot Size 0.33 ac

Rare Investment Opportunity! 3 lots totaling 14,280 SF within 2 miles of Downtown in the Heart of the City! With the option to buy the parcels individually, don't wait as 1 out 4 parcels just SOLD! The remaining 3 parcels are unique because they are

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
546-132-01
Land Assessment
£223,585
Improvements Assessment
£0
Total Assessment
£223,585
  • Listing ID: 26993591

  • Date on Market: 28/10/2022

  • Last Updated:

  • Address: Tompkins, San Diego, CA 92102

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