Description
Prime 2.6 Acre Development Site in University Heights with Existing 4 units to provide income during Planning. Amazing Pastoral Views over Mission Valley. Existing Improvements consist of a two-story Triplex building and a separate Single Family Residence. Survey and Geological Reports completed. Historic Review Completed and Passed. Base Zoning: RM 2-5 - 7,396sqft with 6.5 FAR Complete Communities Overlay; RM 1-1 - 28,289sqft; RS 1-1 84,481sqft. Front Parking Area is leased to Adjacent Property Owner for $700 per month and he pays for Trash containers. Gross Annual Income income is $94,768. Existing Triplex building has 3/2 upper unit (approx 1852 sf), two 1/1 units (approx 700 sf each), and a one-car garage. 4th unit is a 2/1 SFR of approx 800 sf.
Location
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