1332 Coolidge Avenue

Description

Great opportunity for ROI. Use seller's subcontractors for low cost per foot build. Seller has discussed conceptual plans with the City of National City and a 4-unit development may be feasible (buyer to verify). Seller is a licensed General Contractor with over 40 years of experience and has framed hundreds of homes in San Diego. He may be willing to act the GC at a low competitive cost. Prime multi-use development opportunity in the heart of National City. This 4,002 sq ft rectangular lot is zoned MCR-2 (Multi-Use Commercial-Residential, up to 48 du/ac) and offers excellent potential for a multi-family or mixed-use project. Per seller information the site allows for construction of up to four units, up max three stories, with no designated parking required (buyer to verify with the City of National City). The property features a permitted 6-inch concrete slab in excellent condition, fruit trees, along with plumbing, fencing, and remote gate, there was a former home on the site. Water is connected, sewer is available for hookup through the city, and electricity and gas are conveniently located at the street for easy connection (buyer to verify details with SDG&E and the city). Bay Breezes and Centrally positioned only minutes to Downtown San Diego, the airport, and the international border, making this an exceptional opportunity for the right buyer. Easy freeway access, approximately 4 blocks from Kimball Park & City Hall, the Naval Base San Diego & San Diego Bay. Neighboring Chula Vista's Bay front Development including The Gaylord Convention Center & Luxury Hotel. Also available for lease.