$799,000
Exceptional development opportunity on ±4.77 acres of vacant land zoned Residential Multi-Family High Density (R-M), ideal for multi-family housing. With a current zoning allowance of 20 units per acre, the site offers a maximum potential yield of up to 95 units (buyer to verify), making it a prime candidate for apartment, townhome, or other high-density residential projects. The property benefits from strong utility access: sewer and public water are available in the street, and electricity is located adjacent to the south side of the parcel, helping to streamline development planning. Natural gas is available nearby, with an existing connection across the street (not currently extended along Sequoia St.). Property also benefits from existing curb and gutter improvements, with a fire hydrant located across the street. Positioned for growth and accessibility, this parcel offers developers a rare combination of size, zoning, and infrastructure readiness. Ideal for investors or builders looking to capitalize on increasing housing demand in the area. Great opportunity for developers and investors to capitalize on increasing housing demand. Buyer to conduct their own due diligence regarding zoning, utilities, and development potential.
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Listed by Cassandra Walters with Coldwell Banker Envision (760) 245-7323
Property Type
Land
Status
Active
MLS Number
HD26070632
Year Built
N/A
Lot Size
4.77 acres