1325 S 45th St, Logan Heights, CA 92113

$695,000
List Price
$695,000
Status
PENDING
MLS#
220011144SD
Lot Location
Level
Days on Market
59
Property Type
Land
Neighborhood
San Diego

Property Description

Pleased to present for sale an 18,000 SF vacant lot in San Diego, CA. This lot is zoned RM 2-5 and allows for 12 units with a base density of 1 dwelling unit for each 1,500 square feet of lot area. With a 100% micro unit density bonus a developer could build 24 units. If 100% pre-density bonus affordable, the density is unlimited up to 7 stories. Located in the Complete Communities zone, this lot allows for unlimited density with 6.5 floor area ratio (FAR). The Complete Communities zone incentivizes developers to build affordable housing near high-frequency transit. The focus is intended to create a variety of housing options for those at low and middle-income levels. Situated in a qualified Opportunity Zone, this lot may offer tax benefits to investors. 1325 S 45th St is located in the Transit Priority Area and has zero parking requirements.

Additional Information

Attached Structure
Detached

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Carson Trujillo from Listing Office: Marcus & Millichap

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.