104 Alverson Road, San Ysidro, CA 92173

$3,250,000
List Price
$3,250,000
Status
ACTIVE
MLS#
NDP2209761
Year Built
1954
Lot Size
50,430
Acres
1.16
Lot Location
Corner Lot, LotOver40000Sqft, ValueInLand
Days on Market
72
Property Type
Multifamily

Property Description

We have over an acre listed for sale in San Ysidro, located within an Opportunity Zone and Transit Priority Area. The opportunity offers 7 multifamily units producing over $20,000 per month. The owner is currently producing additional income from parking and three non-conforming units on site in excess of $3,000 additional, per month. The offering will produce solid cash flow while going through entitlements. Multifamily Development Options: -By right you can build 17 units plus 2 ADUs, for 19 units total -Micro units can build 34 units plus 2 ADUs -Affordable you can build 26 units plus 2 ADUs -The city states commercial and mixed us can be built here -Buyer and Buyer's broker to confirm.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$244,800
Operating Expense
95731

Listing courtesy of Listing Agent: Eric von Bluecher (evb@lee-associates.com) from Listing Office: Lee & Associates.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.