Apartments/Condo Development Opportunity
Property Description
Three Parcels ⇛The subject property comprises of three contiguous parcels off Baseline Ave. Entitlements for 100 Unit Apartments ⇛This property was in escrow and the Buyer previously under contract is willing to transfer all their plans and entitlements to the new Buyer for a nominal fee. 80 Townhomes ⇛Alternatively, through our discussions with the City, it appears they may open to 80 townhomes as well.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Year Built: | 1969 |
| Lot Size: | 3.43 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
SEC Downs Street & Skylark Drive
Oceanside, California
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout