San Diego, CA 92114,0 Leghorn Ave.

$500,000

Est. payment /mo
Est.Price: ?

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0 Leghorn Ave. San Diego, CA 92114

1.88 Acres Lot

SOLD DATE : 02/24/2023

Key Details

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Encanto

MLS Listing ID 220023400SD

Lot Size 1.880 Acres

Property Description

The Leghorn property is currently divided into 9 legal lots. Buyer could process lot line adjustments to reorganize the layout of the parcels to achieve buildable lots. Under the current zoning the lots must be a minimum of 5,000 SF. Alternatively a buyer may process a density bonus project and achieve a greater number of lots. That yield would be constrained by the pad area and not by the paper calculation. Resale homes in the area average 1,400 square feet and are trading in the high 700?s. The property does have a known code violation for undocumented fill. The Seller has been working with the City to address the issue and a bid can be shared upon request that provides a grading solution and cost estimate for that work. Suggested sales price is reflective of the cost of that remediation.

Location

State CA

County San Diego

Area 92114 - Encanto

Exterior

Fence None

Building

Lot Description Level

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by David Santistevan • David Santistevan
Bought with David Santistevan • David Santistevan

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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