$303,000
Estimated Payment$1,431/mo
Lot/Land For Sale

2720 Reo Drive, San Diego, CA 92139

0.32Acres
San DiegoCounty
Lot In Paradise Hills

Build 3 New Houses In Three Separate Lots. Unique opportunity for builders and small developers!!! Highly sought After...Buildable Land in San Diego. And with privacy, and panoramic views. Ready to build, three contiguous lots. Level Pad is almost already done!; School fees required for permits were already paid as well as water capacity fees. Architectural and engineering design for 3 homes is included in the sale and the plans are already in initial stages of negotiation and approval with the authorities, they are still asking for Grading Plans that have not been done. Homes to be built (if buyer wishes to build what is in the included design) are 2,400 Sf, 4 bed, Contemporary design, estimated market value of each finished house is $650,000 to $700,000. Maybe more in this wild Seller's Market. Perfect timing to build new housing, this is the strongest seller's market we have had in 25 years. Excellent opportunity to invest in a highly profitable project at a time when people are desperate for new houses.

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2720 Reo Drive
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Location
2720 Reo Drive San Diego, CA 92139
Home Details

Interior Details

Utilities

  • Heating: Yes
  • Cooling: Yes

General

  • Fireplace : Yes

    Financial Details

    Tax Details

    • Zoning: R 1 Sin

      Property Details

      Construction Details

      • Architectural Style: Other Style

        Parking

        • Garage: Yes

          MLS Details

          General

          • Days on Homes.com: 344
          • MLS Number: PTP2002153
          • Listed: 12/23/2020
          • Last Updated: 12/1/2021
          • Offered By: Century 21 Award
          • Listing Source: C21
          Monthly Payment Calculator

          $1,431

          Estimated Mortgage
          Principal & Interest
          $1,022
          Insurance
          $106
          Taxes
          $303
          Mortgage Insurance
          $0
          i
          Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
          i
          If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
          Price History
          • DateEventPrice
          • 02/11/2021$7,000$303,000
            Source: C21
          • 12/23/2020listed$310,000
            Source: C21
          Nearby Schools
          • Pacific View Leadership Elementary School
            Class size: 26Distance: 0.27 mi
            B-
          • Bell Middle School
            Class size: 20Distance: 1.84 mi
            C
          • Morse High School
            Class size: 21Distance: 2.26 mi
            B-
          Listing Agent
          Henry Pailles
          CENTURY 21 Award
          San Diego, CA
          Continue Your Search

          $303,000

          0.32 AcresSan Diego

          2720 Reo Drive

          San Diego, CA 92139

          Henry Pailles
          CENTURY 21 Award