2621-25 Dove St., Mission Hills, CA 92103

$2,150,000
61,875
SqFt
List Price
$2,150,000
Days on Market
78
Status
ACTIVE
MLS#
220003890
Living Sq. Ft
61,875
Lot Size(Range)
7,500-10,889 SF
Lot Size(apprx.)
8,756
City
Mission Hills
Neighborhood
Bankers Hill
Complex/Building Name
Na
Property Type
Multifamily
Year Built
1958

Property Description

JUST REDUCED! Complete Community Development opportunity in Mission Hills to potentially build 70 units. Today there are three two-bedroom units and four garages on an 8,756 SF lot. The extended family owns the property and all units are family occupied. Family will vacate by close of escrow. San Diego's premier urban economists London Moeder have analyzed the site for development potential. FAR might allow as many as 70 units. They suggest that 21 units would be practical. Their moderate analysis is based only on one story parking and three stories of wood frame, 21 units over 11 parking spaces. The residual land value is estimated at $3,100,000. WE STRONGLY ENCOURAGE ALL AGENTS TO DOWNLOAD & READ the attached Development OM for the London Moeder analysis report BEFORE CALLING.

Additional Information

Building Name
Na
Living Area
61,875
Lot Size
8,756
Lot Size Range
7,500-10,889 SF
Neighborhood
Bankers Hill
Stories
2 Story
Style
Res Income 2-4 Units
Year Built
1958

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Apartment Consultants, Inc.

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