$3,200,000
Active MLS # 230014118SD | Listed by Sharon Heyden with Over the Top Realty
Active MLS # 230014118SD | Listed by Sharon Heyden with Over the Top Realty
10270 Riverford Rd is a $3,200,000 property on a 12.00 acre lot located in Lakeside, CA.
***Seller says bring all offers. Flexible Terms available ***This currently underimproved parcel located in the unincorporated area of San Diego County, is ready for your development. Highest and best use as an affordable housing condo project maximizing the density bonus program at 159 affordable units awaits.**** Not subject to State or Federal Guidelines, developer may charge rents in accordance with San Diego County's AMI of 80% allowing for a higher ROI. (State and Federal funding programs require 30-50% AMI target tenant, currently not available)**** San Diego County's commitment to affordable housing has generated a "fast track" permitting process which allows developers a high-speed lane from plan submission to breaking ground. Further, a maximum of development waivers are available**** Situated on 12 acres with a topography of moderate slope, the topography supports the development of 7 of the 12 acres, leaving 5 acres which can be dedicated to "Open/Mitigated space".
Exterior Features | Disclosures - Unincorporated |
Attribution Contact | 844-688-7473 |
Financial Terms | Conventional |
Property Type | Land |
Style | Residential Full Service |
HOA Fee | $0.00 |
Taxes | $0.00 |
County | san diego |
Elementary School | |
Middle School | |
High School | |
Neighborhood | Lakeside |
All information should be verified by the recipient and none is guaranteed as accurate by CRMLS. Data last updated 07/26/2024 at 07:16pm MDT. The data relating to real estate on this website derived in part from the California Regional Multiple Listing Service, Inc. Internet Data Exchange program. All properties are subject to prior sale, change or withdrawal. Neither Realty ONE Group Empire - License 01963125 nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 California Regional Multiple Listing Service, Inc. All rights reserved.