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$795,000
220024046SD MLS Active Status
CALLING ALL DEVELOPERS! This awesome 60,112 square foot (1.37 Acres) parcel with Views to the Bay and Coronado Bridge is full of Opportunity! Situated in beautiful Emerald Hills in a cul-de-sac, a true developers dream come true! Owner started the process to develop up to 15 SINGLE Family Homes + ADU's! This is NOT RAW Land as Owner has began process for: Soils, Civil Engineering Prelim Work & Developmental. ATTENTION: This Property falls within the "Opportunity Zone! Investor's Keep all Appreciation on this purchase if they hold the property for at least 10 Years! The 2017 Tax Cuts and Jobs Act is a new tax incentive provision promoting investment in economically distressed communities. ATTENTION: This Property falls within the "Opportunity Zone! Investor's Keep all Appreciation on this purchase if they hold the property for at least 10 Years! The 2017 Tax Cuts and Jobs Act includes a new tax incentive provision intended to promote investment in economically distressed communities, referred to as “Opportunity Zones.” Through this program, investors can achieve the following three significant tax benefits: 1. Deferral of Gain: tax on capital gains following disposition of property are deferred if such gains are invested in a “Qualified Opportunity Fund” within 180 days of disposition until the earlier of the date on which the subsequent investment is sold or exchanged, or December 31, 2026; 2. Up to 15% of Taxable Gain Extinguished: 10% of the tax on the gain invested in the 0QOF is eliminated after 5 years and an additional 5% (for a total of 15%) is eliminated after 7 years; and 3. Elimination of Gain on Investment in Fund: if the investment is held in the QOF for at least 10 years, taxes on the appreciation in value of the investment in the QOF are eliminated. ALL INFORMATION PROVIDED IS DEEMED RELIABLE BY THE SELLER. IT IS THE BUYER'S RESPONSIBILITY TO PERFORM ALL INSPECTIONS AND VERIFY ALL INFORMATION INCLUDING BUT NOT LIMITED TO: NUMBER OF UNITS, PERMITTED ROOMS, SQUARE FOOTAGE, AND ALL OTHER BUYER DUE DILIGENCE BEFORE THE CLOSE OF ESCROW. Frontage: Open Space

900 Melrose Place, San Diego

$1,775,000
220019260SD MLS Active Status
Set in an exclusive gated community, The Preserve, sitting atop Del Mar Mesa with a mezzanine setting offering canyon and vista views with ocean views from a second floor vantage point - this is a rare find! The lot boasts double street frontage and is on the most elevated position in the neighborhood. Complete with access to hiking and horse trails and the best mountain biking in San Diego! Sit and relax in serenity and privacy with ocean breezes to keep you cool! *23,958 square foot lot with HOA approved plans for 8,740sft residence + 500 sqft pool house (see Renderings and APPROVED HOA plans) Approved plans include. -Structural engineering,T-24 docs from energy consultant for Main house and Companion Unit, Reflected Ceiling plans for Main and second level,Electrical plans for Main and second level, Roof Plan, Building section drawings, Exterior elevation drawings, Preliminary Preserve Architectural Committee approval ***FULL DESIGN PACKAGE AVAILABLE complete with finishes and furnishings in a detailed 60 page report furnished by reputable interior designer - over a year in the making! *The Preserve Lot is located on The Preserve Way Set 1 Plan Specs: Upper Square Footage - 3804 Sq. Ft. Main Level Floor - 4,936 Sq. Ft. Total - 8740 Sq. Ft. (not including ~500 sq ft. pool house) *Additional adjusted plans exist offering 7,517 sqft. residence. (Plan 2) Set 2 Plan Main Level - 4402 Sq. Ft. Upper Level - 3115 Sq. Ft. Total - 7517 Sq. ft. *****Lot and construction financing available Frontage: Canyon

6980 The Preserve Way, San Diego

$1,950,000
220004720SD MLS Active Status
Designed by an American Institute of Architects award-winning architectural team, Wilshire Terrace is a five story project located in one of the most desired neighborhoods of San Diego, Southern California. The site is within walking distance of the regionally prominent Balboa Park, close to Downtown North Park and Hillcrest, admirably known for their restaurants, nightlife, lively atmosphere and other amenities. The building consists of 12 nicely designed residential 2 bedrooms/2 baths units housed in four stories. All units have a balcony, most of which have a great view. The parking garage consists of 10 parking spaces, and 14 spaces for bicycles and 5 spaces for motorcycles and 8 enclosed storage spaces. The project benefits from a beautiful and large rooftop community/gathering space that will have treetop views of Balboa Park. The composition of the twelve two bedrooms, two baths apartments, each with a covered balcony, is as follows: Four units each with 1,140 square feet of living space + balcony Four units each with 1,098 square feet of living space + balcony Four units each with 1,067 square feet of living space + Balcony This is a great, one of a kind project very suitable for developers, investors and residential buildings owners. We are in the final stages to get approval from the city to begin construction. This will save the buyer roughly two years in holding costs. All permits, plans, civil engineers and architects have been paid for up to this point

3505 Wilshire Ter, San Diego

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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