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4975 72ND,  SAN DIEGO, CA 92115

Lot Number , 0.25 Acres, College East

$1,349,000

Sold Price:$1,250,000

Sold Date:11-21-2023


Rare and desirable development site located in sought-after "College East" submarket of San Diego. This corner parcel is approx. 11,000 SF and is flat and free of any existing improvements. Zoned RM-1-1 with Transit Priority Area and Transit Area Overlay Zones, preliminary plans envision a three-story multifamily structure tentatively consisting of 10 to 12 units with proposed unit mix consisting of (11) 2bed+1.5bath (860 SF) units and (1) Ground Floor Unit used as a laundry/parcel/meter room, but a buyer may re-work the layout to their own liking. In-depth project summary including floorplan sketches, survey, topographic map and financial analysis is available upon request. Subject site is extremely well-located and within minutes to SDSU, Mission Trails Regional Park, abundant shopping and retail, and all that College East, La Mesa and greater San Diego have to offer.

Rare and desirable development site located in sought-after "College East" submarket of San Diego. This corner parcel is approx. 11,000 SF and is flat and free of any existing improvements. Zoned RM-1-1 with Transit Priority Area and Transit Area Overlay Zones, preliminary plans envision a three-story multifamily structure tentatively consisting of 10 to 12 units with proposed unit mix consisting of (11) 2bed+1.5bath (860 SF) units and (1) Ground Floor Unit used as a laundry/parcel/meter room, but a buyer may re-work the layout to their own liking. In-depth project summary including floorplan sketches, survey, topographic map and financial analysis is available upon request. Subject site is extremely well-located and within minutes to SDSU, Mission Trails Regional Park, abundant shopping and retail, and all that College East, La Mesa and greater San Diego have to offer.



DETAILED INFORMATION
MLS#:PTP2304307Sold Price:$1,250,000
Sold Date:11-21-2023 Original Price:$1,349,000
List Status:SoldProperty Type:Lots/land
Days on Market:78Acres:0.25
Parcel Number:4690910100Sign on Property:
Parcel Map Number:Thomas Brothers Map:
Tentative Map Number:Directions:Corner Of Mohawk And 72nd Streets.
Lot Number:Frontage Dim:
Grid:Lot Dim:
Subdivision:College EastLot Sqft:11000
Community:Sold Price Per Sqft:N/A
Current Use:Lot Size:
Best Use:Lot Description:Corner Lot
Development:Structures:
Zoning:View
Sewer:Utilities:
Fence:Utilities Location:
Topography:LevelFrontage:
Water:Water District:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:Other Fees:$0
Other Fee Paid:Other Fee Type:
Mello Roos:$0Mello Roose Paid:
Age Restrictions:Miscellaneous:
Additional Land Use:Amenities:
Boat Facilities:Irrigation:
Approved Plans:Loan Terms:
School District:Sale Terms:Cash,Conventional


HOW THIS LAND COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT
  0000 COMANCHE, LA MESA, CA 91941LM2297193 $245,000$34
  7893 EL CAJON, LA MESA, CA 919421511258 $1,399,000$124
   72ND, SAN DIEGO, 92115College East78 $1,349,000$
FOR SALE AVERAGES:122 9,226 $822,000$79


NEARBY SOLD LAND PREVIOUS 12 MONTHS FROM LISTING SOLD DATE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT
  7003 EL CAJON BLVD, SAN DIEGO, CA 92115COLLEGE AREA52518012$1,600,000$88.8297
  7893 EL CAJON BLVD, LA MESA, CA 91942LA MESA1610$520,000$0
   EL CAJON BLVD, LA MESA, CA 91942LA MESA3840$185,000$0
  7930 HILLSIDE DR, LA MESA, CA 91942EVENTIDE4070$865,000$0
   EL CAJON BLVD, LA MESA, CA 91942LA MESA570$185,000$0
  6505 EL CAJON BLVD, SAN DIEGO, CA 92115COLLEGE AREA4613274$1,750,000$131.8367
  Parcel #4 ECHO DRIVE 48, LA MESA, CA 91941RANCH MISSION2029185$199,000$6.8186
  0 WOODLAND DRIVE, LA MESA, CA 91941LA MESA HIGHLANDS7941656$275,000$6.6017
  000 MARIE AVENUE, LA MESA, CA 91942MARIE AVENUE TRACT1107908$225,000$28.4522
  0 DANA DRIVE, LA MESA, CA 91942LA MESA COLONY20719080$367,500$19.2610
   EL CAJON BLVD, LA MESA, CA 91942LA MESA570$75,000$0
   VACANT LAND ON SHELDON DR, LA MESA, CA 91941WINDSOR HILLS220$175,000$0
   LAVA CT, LA MESA, CA 91941EASTRIDGE ESTATES2970$92,000$0
  4243 SUMMIT DR, LA MESA, CA 91941WINDSOR HILLS1557490$365,000$48.7316
  0000 SUMMIT DRIVE, LA MESA, CA 91941WINDSOR HILLS1625537$208,000$37.5655
SOLD AVERAGES:179 17,768 $472,433$46




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Listing Provided Courtesy of: Nicolas Hernandez, Top Gun CRE.
Listing sold by: Nicolas Hernandez, Top Gun CRE.
Data Updated May 18 2024 15:27:55
Listing Last Modified:11-22-2023 12:45:37

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