For more information regarding the value of a property, please contact us for a free consultation.
8650 Lamar Street Spring Valley, CA 91977
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 190050826
Sold Date 12/19/19
HOA Y/N No
Property Description
VALUE IS IN THE LAND!! DEVELOPER/CONTRACTOR/INVESTOR OPPORTUNITY FOR 11-UNIT APARTMENT BUILDING. This is a unique property ready for contractor/investor to develop. Owner has design & drawings started for apartments. See Document section. Potential units would include (10) 3BD/2BA & (1) 4BD/2.5BA. Approved Site Plan! Much of grading & drainage work has been completed under previous permit. May be able to build more units due to new housing laws. Currently, 3BD/1.5BA (assessor record shows 2bd/2ba) house sits on property and is currently rented for over $2000/month. Earn income on existing house while preparing for project. Also designated "Q" zoning for animals. Possible horse property or raise small animals if development isn't for you.
Location
State CA
County San Diego
Area 91977 - Spring Valley
Interior
Fireplace No
Others
Tax ID 5032610700
Financing Cash
Read Less
Bought with Amy Worley • Bluesage Properties, Inc
GET MORE INFORMATION