10270 Riverford Rd, LAKESIDE, CA

$3,200,000

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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
Price $3,200,000
Acres 0.00
Type Lot / Land
Status ACTIVE

Community Information

Address 10270 Riverford Rd
Area LAKESIDE (92040)
Subdivision Riverford
City LAKESIDE
County San Diego
State CA
Zip Code 92040

Amenities

Amenities N/K
Utilities Above Ground
Is Waterfront No

Exterior

Lot Description Easement Access, Street Paved

Additional Information

Date Listed July 21st, 2023
Days on Market 95
Zoning V (7.3)
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeOver the Top Realty

Listing Map

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