J J Realty Consulting Inc
Listed by J J Realty Consulting Inc
$1,295,000
Newell St
Details
APN 530-351-10-00
Property Type Land
Sub Type Residential
Lot Size (SqFt) 5,001
Zoning rm 3-7
Investor Opportunity - Rare Multi-family Lot in Highly Desirable Area
Marketing description
This rare vacant Point Loma multi-family (RM3-7) lot is an investor’s dream! With views of downtown and Shelter Island, the lot is a uniquely situated in the fantastic Roseville neighborhood, at the end of a cul-de-sac along side multi-million dollar valued homes.
Proposed plans included. Plans include a 6 unit development plan, including almost 10,000 SF of livable space, over 600 SF of balconies and roof decks, and a courtyard. Median listing price per square foot in the Point Loma Peninsula is $613.
Neighborhood contains great schools, and close proximity to downtown and airport (5 min drive), walking distance to Liberty Station, Shelter Island, and Kelloggs Beach.
* Property lays just outside of the coastal overlay zone and does not require a coast commission permit.
* Plans available upon request.
Investment highlights
Zoned RM 3-7, including completed plans for the development of 6 units ranging from 1200-2500sq/ft per unit.
Proposed Project includes two Triplexes
Triplex A
- Unit 1 - 2500sq/ft units (4 bedrooms, 3.5 baths, balconies+roof deck with views)
- Unit 2 - 2500sq/ft units (4 bedrooms, 3.5 baths, balconies+roof deck with views)
- Unit 3 - 1250sq/ft units (2 bedrooms, 2 baths, terrace)
Triplex B
- Unit 1 - 1250sq/ft units (2 bedrooms, 3 baths, roof deck with views)
- Unit 2 - 1250sq/ft units (2 bedrooms, 3 baths, roof deck with views)
- Unit 3 - 1250sq/ft units (2 bedrooms, 2 baths, terrace)
Listing Contacts
J J Realty Consulting Inc
Listed by J J Realty Consulting Inc
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