0 BUSH ST,  SAN DIEGO, CA 92103

Lot Number (35-38), Acres, Mission Hills

$1,499,900


Mission Hills, San Diego, a fantastic development opportunity, especially given its location and potential for stunning views. Here are some key points and considerations for potential buyers or developers: Location and Neighborhood: Mission Hills is known for its historic charm, scenic views, and vibrant community. Its proximity to Downtown San Diego and other urban areas makes it a desirable location for residents. Development Potential: The property offers the opportunity to build 3-6 three-story townhomes, and potentially more, depending on the revised plans. The fact that the lot can accommodate multiple units is a significant advantage for developers looking to maximize their investment. Architectural Plans: While the original architectural plans by Safdie Rabines Architects have expired, the fact that the architects are open to revisiting them provides flexibility for potential buyers. Developing new plans that take advantage of the views and the unique characteristics of the neighborhood could be an exciting prospect. Zoning and Regulations: The zoning designation of MCCPD-MR3000 suggests that the property is zoned for multi-residential development, which aligns with the proposed townhome project. Market and Demand: Understanding the demand for housing in Mission Hills and the broader San Diego area is crucial for assessing the feasibility and potential profitability of project. Overall, this Mission Hills property presents an exciting opportunity for developers to create a unique desirable residential development that capitalizes on the neighborhoods charm!

Mission Hills, San Diego, a fantastic development opportunity, especially given its location and potential for stunning views. Here are some key points and considerations for potential buyers or developers: Location and Neighborhood: Mission Hills is known for its historic charm, scenic views, and vibrant community. Its proximity to Downtown San Diego and other urban areas makes it a desirable location for residents. Development Potential: The property offers the opportunity to build 3-6 three-story townhomes, and potentially more, depending on the revised plans. The fact that the lot can accommodate multiple units is a significant advantage for developers looking to maximize their investment. Architectural Plans: While the original architectural plans by Safdie Rabines Architects have expired, the architects are open to revisiting them providing flexibility for potential buyers. Developing new plans that take advantage of the views and the unique characteristics of the neighborhood could be an exciting prospect. Zoning and Regulations: It s important for developers to understand the zoning regulations and any restrictions that may apply to the property. The zoning designation of MCCPD-MR3000 suggests that the property is zoned for multi-residential development, which aligns with the proposed townhome project. Market and Demand: Understanding the demand for housing in Mission Hills and the broader San Diego area is crucial for assessing the feasibility and potential profitability of the project. Researching market trends, demographics, and buyer preferences can help inform the development strategy. Infrastructure and Utilities: Developers should consider the availability and accessibility of infrastructure and utilities such as water, sewer, electricity, and road access. Ensuring that these essential services are in place or can be easily connected to the property is essential for successful development. Environmental and Geotechnical Factors: Given the sloping nature of the double-sized lot, developers should conduct thorough assessments of environmental and geotechnical factors to identify any potential challenges or risks associated with the site. Community Engagement: Engaging with the local community and addressing their concerns and priorities can help facilitate the development process and foster positive relationships with neighbors and stakeholders. Overall, the property in Mission Hills presents an exciting opportunity for developers to create a unique and desirable residential development that capitalizes on the neighborhood s charm and amenities. Conducting comprehensive due diligence and working closely with architects, city officials, and community members can help ensure the success of the project.



DETAILED INFORMATION
MLS#:240005385Price:$1,499,900
Listing Date:03-12-2024Original Price:$1,699,000
List Status:ActiveProperty Type:Lots/land
Days on Market:56Acres:
Parcel Number:451-072-21-00Sign on Property:
Parcel Map Number:Thomas Brothers Map:
Tentative Map Number:Directions:Best Way To See It From Bottom Is Off Of Goldfinch And Bush St. From The Top Goldfinch And Falcon Place. 2 Address Possibility
Lot Number:(35-38)Frontage Dim:
Grid:Lot Dim:
Subdivision:Mission HillsLot Sqft:14505
Community:Mission HillsPrice Per Sqft:N/A
Current Use:Unimproved,other/remarksLot Size:.25 To .5 Ac
Best Use:Multi-dwelling,residential,other/remarksLot Description:
Development:Partial Grading,other/remarksStructures:
Zoning:R-2 MinorViewBay,city,evening Lights,valley/canyon
Sewer:Utilities:Other/remarks
Fence:N/kUtilities Location:
Topography:Canyon/valley,slope SteepFrontage:Canyon,open Space,other/remarks
Water:Other/remarksWater District:
Association Fee:$0Assoc Includes:N/k
Assoc Fee Paid:Other Fees:$0
Other Fee Paid:Other Fee Type:Other/remarks
Mello Roos:$0Mello Roose Paid:
Age Restrictions:N/kMiscellaneous:N/k
Additional Land Use:N/kAmenities:Other/remarks
Boat Facilities:Irrigation:Other/remarks
Approved Plans:NoLoan Terms:
School District:Sale Terms:Cash,Conventional,Exchange,Land Contract


HOW THIS LAND COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT

  3830 1ST AVENUE, SAN DIEGO, CA 92103HILLCREST610 $2,600,000$0
  3536 ALBATROSS STREET, SAN DIEGO, CA 92103BANKERS HILL206555 $1,299,000$198
   LINWOOD LANE, SAN DIEGO, CA 92110MIDTOWN ADDITION176540 $2,289,000$350
  4325 6TH AVENUE, SAN DIEGO, CA 9210312315681 $2,500,000$159

   BUSH ST, SAN DIEGO, 92103Mission Hills56 $1,499,900$
FOR SALE AVERAGES:55 9,592 $2,172,000$236


NEARBY SOLD LAND PREVIOUS 12 MONTHS
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT

  LOT 22 RANDOLPH STREET, SAN DIEGO, CA 92103NORTH MISSION HILLS3059221$500,000$54.2241
  0000 SUTTER STREET(NORTH MISSION HILLS), SAN DIEGO, CA 92103NORTH MISSION HILLS1145970$199,000$33.3333
  0 MARYLAND STREET, SAN DIEGO, CA 92103UNIVERSITY HEIGHTS1,3764256$460,000$108.0827
  0 MARYLAND STREET, SAN DIEGO, CA 92103UNIVERSITY HEIGHTS1,3764312$460,000$106.6790
  720 MONTECITO WAY, SAN DIEGO, CA 92103MISSION HILLS3355000$226,000$45.2000
  311 ROBINSON AVENUE, SAN DIEGO, CA 92103CLEVELAND HEIGHTS1221433$290,000$202.3726
  000 REYNARD WAY, SAN DIEGO, CA 92103MISSION HILLS1183003$1,100,000$366.3004
  000 UPAS STREET, SAN DIEGO, CA 92103MISSION HILLS1184386$1,100,000$250.7980
  4285 GOLDFINCH ST, SAN DIEGO, CA 92103MISSION HILLS4885750$545,000$94.7826
  vacant land TORRANCE STREET, SAN DIEGO, CA 92103MIDDLETOWN505609$25,000$4.4571
  220 MONTECITO WAY, SAN DIEGO, CA 92103MONTECITO POINT575500$1,200,000$218.1818
  3270 DOVE ST LOT, SAN DIEGO, CA 92103MISSION HILLS1955513$400,000$72.5558
  0000 HORTON AVE, SAN DIEGO, CA 92103MIDDLETOWN960$975,000$0
  Lot 22 RANDOLPH ST, SAN DIEGO, CA 92103MISSION HILLS1549221$735,000$79.7094
  4285 RANDOLPH ST, SAN DIEGO, CA 92103RANDOLPH TERRACE12315586$480,000$30.7969
  4376 HAWK ST, SAN DIEGO, CA 92103NORTH MISSION HILLS6278254$735,000$89.0477
  4376 HAWK ST, SAN DIEGO, CA 92103NORTH MISSION HILLS468020$1,250,000$155.8603
  4376 HAWK STREET, SAN DIEGO, CA 92103MISSION HILLS1378326$1,350,000$162.1427
  0 8TH AVE, SAN DIEGO, CA 92103HILLCREST570$580,000$0
  3973 8TH AVE, SAN DIEGO, CA 92103HILLCREST1858996$3,000,000$333.4815
  1032 PENNSYLVANIA AVE, SAN DIEGO, CA 92103UNIVERSITY HEIGHTS550$1,250,000$0
  2426 4TH AVENUE, SAN DIEGO, CA 92101DOWNTOWN38610001$2,400,000$239.9760
   TAYLOR ST, OLD SAN DIEGO, CA 92108OLD SAN DIEGO180$200,000$0
  4135-43 PARK BLVD., SAN DIEGO, CA 92103NORTH PARK4460$3,200,000$0
  0000 COSOY WAY, SAN DIEGO, CA 92103PRESIDIO PARK14112512$625,000$49.9520

SOLD AVERAGES:175 7,043 $931,400$135




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Listing Provided Courtesy of: Javin Hope, The Agency.
Data Updated May 07 2024 22:04:07
Listing Last Modified:04-30-2024 00:56:07

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