10270 Riverford Rd, Lakeside, CA 92040
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Listed Price :
$3,200,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
***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".
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
10270 Riverford Rd |
| City |
Lakeside |
| State |
CA |
| Zip |
92040 |
| County |
San Diego |
| Listing Agent |
Sharon Heyden DRE #01137683 |
| Courtesy Of |
Over the Top Realty |
| List Price |
$3,200,000 |
| Status |
Active |
| Type |
Land |
| Structure Size |
N/A |
| Lot Size |
522,720 |
Listing information courtesy of: Sharon Heyden, Over the Top Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:46 PM 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.
