About 10270 Riverford Rd
***Seller says bring all offers. Flexible Terms available ***This currently underimproved parcel located in the unincorporated area of San Diego County, is ready for your development. Highest and best use as an affordable housing condo project maximizing the density bonus program at 159 affordable units awaits.**** Not subject to State or Federal Guidelines, developer may charge rents in accordance with San Diego County's AMI of 80% allowing for a higher ROI. (State and Federal funding programs require 30-50% AMI target tenant, currently not available)**** San Diego County's commitment to affordable housing has generated a "fast track" permitting process which allows developers a high-speed lane from plan submission to breaking ground. Further, a maximum of development waivers are available**** Situated on 12 acres with a topography of moderate slope, the topography supports the development of 7 of the 12 acres, leaving 5 acres which can be dedicated to "Open/Mitigated space".
Features of 10270 Riverford Rd
MLS® # | 230014118 |
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Price | $3,200,000 |
Acres | 0.00 |
Type | Lot / Land |
Status | ACTIVE |
Community Information
Address | 10270 Riverford Rd |
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Area | LAKESIDE (92040) |
Subdivision | Riverford |
City | LAKESIDE |
County | San Diego |
State | CA |
Zip Code | 92040 |
Amenities
Amenities | N/K |
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Utilities | Above Ground |
Is Waterfront | No |
Exterior
Lot Description | Easement Access, Street Paved |
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Additional Information
Date Listed | July 21st, 2023 |
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Days on Market | 95 |
Zoning | V (7.3) |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Over the Top Realty |
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