$1,499,900
$199K PRICE DROP

0 Bush St Unit (35-38) 240005385 San Diego, CA 92103

Middletown Neighborhood

Estimated payment $9,784/month

Total Views 30,146
0.33 Acre
$4,504,353 Price per Acre
14,505 Sq Ft Lot

Highlights

  • Bay View
  • 14,505 Sq Ft lot
  • Property Near a Canyon
  • Grant K-8 Rated A-

About This Lot

Mission Hills, San Diego, a fantastic development opportunity, especially given its location and potential for stunning views. Here are some key points and considerations for potential buyers or developers: Location and Neighborhood: Mission Hills is known for its historic charm, scenic views, and vibrant community. Its proximity to Downtown San Diego and other urban areas makes it a desirable location for residents. Development Potential: The property offers the opportunity to build 3-6 three-story townhomes, and potentially more, depending on the revised plans. The fact that the lot can accommodate multiple units is a significant advantage for developers looking to maximize their investment. Architectural Plans: While the original architectural plans by Safdie Rabines Architects have expired, the fact that the architects are open to revisiting them provides flexibility for potential buyers. Developing new plans that take advantage of the views and the unique characteristics of the neighborhood could be an exciting prospect. Zoning and Regulations: The zoning designation of MCCPD-MR3000 suggests that the property is zoned for multi-residential development, which aligns with the proposed townhome project. Market and Demand: Understanding the demand for housing in Mission Hills and the broader San Diego area is crucial for assessing the feasibility and potential profitability of project. Overall, this Mission Hills property presents an exciting opportunity for developers to create a unique desirable residential development that capitalizes on the neighborhoods charm! Mission Hills, San Diego, a fantastic development opportunity, especially given its location and potential for stunning views. Here are some key points and considerations for potential buyers or developers: Location and Neighborhood: Mission Hills is known for its historic charm, scenic views, and vibrant community. Its proximity to Downtown San Diego and other urban areas makes it a desirable location for residents. Development Potential: The property offers the opportunity to build 3-6 three-story townhomes, and potentially more, depending on the revised plans. The fact that the lot can accommodate multiple units is a significant advantage for developers looking to maximize their investment. Architectural Plans: While the original architectural plans by Safdie Rabines Architects have expired, the architects are open to revisiting them providing flexibility for potential buyers. Developing new plans that take advantage of the views and the unique characteristics of the neighborhood could be an exciting prospect. Zoning and Regulations: It's important for developers to understand the zoning regulations and any restrictions that may apply to the property. The zoning designation of MCCPD-MR3000 suggests that the property is zoned for multi-residential development, which aligns with the proposed townhome project. Market and Demand: Understanding the demand for housing in Mission Hills and the broader San Diego area is crucial for assessing the feasibility and potential profitability of the project. Researching market trends, demographics, and buyer preferences can help inform the development strategy. Infrastructure and Utilities: Developers should consider the availability and accessibility of infrastructure and utilities such as water, sewer, electricity, and road access. Ensuring that these essential services are in place or can be easily connected to the property is essential for successful development. Environmental and Geotechnical Factors: Given the sloping nature of the double-sized lot, developers should conduct thorough assessments of environmental and geotechnical factors to identify any potential challenges or risks associated with the site. Community Engagement: Engaging with the local community and addressing their concerns and priorities can help facilitate the development process and foster positive relationships with neighbors and stake

Listing Agent

Javin Hope

The Agency License #01750598 Listed on: 03/12/2024

The Agency

Property Details

Property Type

  • Land

Lot Details

  • 0.33 Acre Lot
  • Property Near a Canyon
  • Open Space
  • Steep Slope
  • Rough Grade
  • Property is zoned R-2 Minor

Property Views

  • Bay
  • City Lights
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 451-072-21-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Metro Uptown
  • Neighborhood: Mission Hills
  • Cross Street: Goldfinch & FALCON PLACE
  • Supplement: Mission Hills, San Diego, a fantastic development opportunity, especially given its location and potential for stunning views. Here are some key points and considerations for potential buyers or developers: Location and Neighborhood: Mission Hills is known for its historic charm, scenic views, and vibrant community. Its proximity to Downtown San Diego and other urban areas makes it a desirable location for residents. Development Potential: The property offers the opportunity to build 3-6 three-story townhomes, and potentially more, depending on the revised plans. The fact that the lot can accommodate multiple units is a significant advantage for developers looking to maximize their investment. Architectural Plans: While the original architectural plans by Safdie Rabines Architects have expired, the architects are open to revisiting them providing flexibility for potential buyers. Developing new plans that take advantage of the views and the unique characteristics of the neighborhood could be an exciting prospect. Zoning and Regulations: It's important for developers to understand the zoning regulations and any restrictions that may apply to the property. The zoning designation of MCCPD-MR3000 suggests that the property is zoned for multi-residential development, which aligns with the proposed townhome project. Market and Demand: Understanding the demand for housing in Mission Hills and the broader San Diego area is crucial for assessing the feasibility and potential profitability of the project. Researching market trends, demographics, and buyer preferences can help inform the development strategy. Infrastructure and Utilities: Developers should consider the availability and accessibility of infrastructure and utilities such as water, sewer, electricity, and road access. Ensuring that these essential services are in place or can be easily connected to the property is essential for successful development. Environmental and Geotechnical Factors: Given the sloping nature of the double-sized lot, developers should conduct thorough assessments of environmental and geotechnical factors to identify any potential challenges or risks associated with the site. Community Engagement: Engaging with the local community and addressing their concerns and priorities can help facilitate the development process and foster positive relationships with neighbors and stakeholders. Overall, the property in Mission Hills presents an exciting opportunity for developers to create a unique and desirable residential development that capitalizes on the neighborhood's charm and amenities. Conducting comprehensive due diligence and working closely with architects, city officials, and community members can help ensure the success of the project.
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: Canyon, Open Space
  • View: Bay, City, Evening Lights, Valley/Canyon

Condo/Co-op/Association

  • Community: Mission Hills

Association/Amenities

  • Development: Partial Grading

Lot Info

  • Lot Size: .25 To .5 Ac
  • Topography: Canyon/Valley, Slope Steep
  • Water District: City Of San Diego
  • Zoning: R-2 Minor
  • Estimated Lot Sq Ft: 14505
  • Assessor Parcel Number: 451-072-21-00
  • Current Use: Unimproved
  • Lot Number: (35-38)

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Price Changed $1,499,900 -11.7% --
03/12/2024 03/12/24 For Sale $1,699,000 -- --
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 240005385

San Diego MLS