530 42nd Street, Unit 1 & 2

San Diego, CA 92102

$1,199,000
Price
11,761 / 0.27
Lot Size / Acres

Description

Multifamily Development opportunity on these vacant lots totaling 12,040 SF, Zoned CN-1-4, benefiting from the Complete Communities Zoning overlay allowing you to build up to 105 units! The overlay permits expanded construction beyond standard zoning, and included are plans that are getting approved for 18 units with a very generous unit mix with the foundation permit already approved! The flat/level terrain simplifies development and the two existing structures—a 2 bed, 1 bath home and a detached...Multifamily Development opportunity on these vacant lots totaling 12,040 SF, Zoned CN-1-4, benefiting from the Complete Communities Zoning overlay allowing you to build up to 105 units! The overlay permits expanded construction beyond standard zoning, and included are plans that are getting approved for 18 units with a very generous unit mix with the foundation permit already approved! The flat/level terrain simplifies development and the two existing structures—a 2 bed, 1 bath home and a detached 2-car garage—only give you more opportunities to develop! Positioned for growth, this property promises a lucrative venture in a high-potential locale.
  1. Listed by Voltaire Lepe • DRE #01422464 • Brokerage DRE #01878277 • eXp Realty of California, Inc.

Property Details for 530 42nd Street, Unit 1 & 2

Neighborhood
San Diego
View Description
N/K
City Postal ID
SAN DIEGO (92102)
Cross Street(s)
Market St x 42nd St
LISTING UPDATED: 11/05/2024 02:28 PM

Property Details for 530 42nd Street, Unit 1 & 2

StatusActive
MLS #230022320
Days on Market343
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land / Fee Simple
Year Built-
Lot Size0.27 AC
CountySan Diego County

Building Information for 530 42nd Street, Unit 1 & 2

Lot Size0.27 AC

Property Information for 530 42nd Street, Unit 1 & 2

Summary Information
Property and Location
  • System ID: 230022320
  • Class: LOT/LAND
  • Street Number Numeric: 530
  • Street Name: 42nd St
  • Age Restrictions: N/K
  • Market Area: Metro Central
  • Jurisdiction: Incorporated
  • Elementary School: San Diego Unified School District
  • Middle School: San Diego Unified School District
  • High School: San Diego Unified School District
  • Ownership: Fee Simple
HOA and Fees
  • Home Owners Fee Includes: N/K
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
  • Other Fee Type: N/K
Supplement
  • Supplement: Multifamily Development opportunity on these vacant lots totaling 12,040 SF, Zoned CN-1-4, benefiting from the Complete Communities Zoning overlay allowing you to build up to 105 units! The overlay permits expanded construction beyond standard zoning, and included are plans that are getting approved for 18 units with a very generous unit mix with the foundation permit already approved! The flat/level terrain simplifies development and the two existing structures—a 2 bed, 1 bath home and a detached 2-car garage—only give you more opportunities to develop! Positioned for growth, this property promises a lucrative venture in a high-potential locale.
Interior and Exterior Features
Exterior Features
  • Fencing: Full
  • Pool: N/K
  • Pool Heat: None Known
  • Structures: Other/Remarks
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: .25 to .5 AC
  • Lot Size Source: Assessor Record
  • Lot Dimensions Approx: 233 x 52
  • Frontage: N/K
  • Frontage Dimensions in Ft: 52
  • Additional Property Use: Res/Business Use OK, With Structures
  • Topography: Level
  • Site: Public Street, Sidewalks, Street Paved
  • Zoning: CN-1-4
  • Assessors Parcel Num: 546-092-06-00
  • Assessors Parcel Num 2: 546-092-26-00
  • Current Use: Residential
  • Highest Best Use: Multi-Dwelling
  • Development: Other/Remarks
  • Miscellaneous: Value in Land
Utilities
  • Utilities Available: Above Ground
  • Utilities to Site: Above Ground
  • Water: Meter on Property
  • Water District: CITY OF SAN DIEGO
  • Water District URL: www.ci.san-diego.ca.us/water
  • Sewer/Septic: Sewer Available
  • Irrigation: N/K

Property History for 530 42nd Street, Unit 1 & 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 530 42nd Street, Unit 1 & 2

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Chollas/Mead Elementary School
PublicK to 5

Millennial Tech Middle School
Public6 to 8

Lincoln High School
Public9 to 12

America's Finest Charter
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

530 42nd Street, Unit 1 & 2 is a 0.27 ac of land for sale in San Diego, CA 92102. This property was listed for sale on November 11, 2023 by eXp Realty of California, Inc., it's currently listed at $1,199,000. This listing's school district is San Diego Unified School District. Nearby schools include Chollas/Mead Elementary School, Millennial Tech Middle School and Lincoln High School. 530 42nd Street, Unit 1 & 2 is a 0-bed, 0-bath, 0.27 ac of land on a 11,761 sq. ft. / 0.27 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California, Inc., Voltaire Lepe, DRE #01422464

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 SDMLS®. 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 © 2024 SDMLS®, Inc.