5488 New Mills Rd

San Diego, CA 92115

PRICE REDUCED

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-$151,000 (-12.58%)

$1,049,000

List Price

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Property Description

Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email ryan@robconrealty.com for the marketing packet that provides more details and photos of designs rendered in 2023. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU - More units can (and should) be explored -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks

Listing Information

List Price $1,049,000
Status Active
MLS NDP2407849
HOA $0
Type Land
Lot Size 34,848
Structure Size N/A
DOM 89
Courtesy Of Robcon Realty
Listing Agent Jeffrey Hawkins DRE#01875798

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Jeffrey Hawkins, Robcon Realty 760-822-5384. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:06 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.