10270 Riverford Rd, Lakeside

$3,200,000

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0 Bed
0 Bath
12 Acres
0 Garage

***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".

Essential Information

MLS® #
230014118SD
Price
$3,200,000
Bathrooms
0.00
Acres
12.00
Type
Land
Status
Active

Community Information

Address
10270 Riverford Rd
Area
92040 - Lakeside
Subdivision
Lakeside
City
Lakeside
County
San Diego
Zip Code
92040
Senior Community
N

Additional Information

Date Listed
July 21st, 2023
Days on Market
283
Zoning
V (7.3)

Listing Details

Agent
Sharon Heyden
Office
Over the Top Realty
Property History
Price Increased from $2,400,000 to $3,200,000

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Sharon Heyden - Over the Top Realty

Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 12:55am PDT. 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.