2720 Reo, Paradise Hills, CA 92139

$450,000
List Price
$450,000
Days on Market
468
Status
ACTIVE
MLS#
PTP2002153
Lot Size(apprx.)
14,011
City
Paradise Hills
Neighborhood
Paradise Hills
Property Type
Land

Property Description

BUILD 3 NEW HOUSES IN THREE SEPARATE LOTS. WITH 3 DIFFERENT APN NUMBERS 587-362-03-00; 587-362-05-00; 5870362-04-00 Unique opportunity for builders and small developers!!! Highly sought after...BUILDABLE LAND in San Diego. And with privacy, and panoramic views. Ready to build, three contiguous lots. Level Pad is almost already level!; School fees required for permits were already paid as well as water capacity fees. Architectural and engineering design for 3 homes is included in the sale and the plans are already in initial stages of negotiation and approval with the authorities, they are still asking for Grading Plans that have not been done. Homes to be built (if buyer wishes to build what is in the included design) are 2,400 SF, 4 bed, Contemporary design, estimated market value of each finished house is $650,000 to $700,000. Maybe more in this wild Seller's Market. Perfect timing to build new housing, this is the strongest seller's market we have had in 25 years. Excellent opportunity to invest in a highly profitable project at a time when people are desperate for new houses.

Additional Information

Pool
Yes
Supplemental
BUILD 3 NEW HOUSES IN THREE SEPARATE LOTS. WITH 3 DIFFERENT APN NUMBERS 587-362-03-00; 587-362-05-00; 5870362-04-00 Unique opportunity for builders and small developers!!! Highly sought after...BUILDABLE LAND in San Diego. And with privacy, and panoramic views. Ready to build, three contiguous lots. Level Pad is almost already level!; School fees required for permits were already paid as well as water capacity fees. Architectural and engineering design for 3 homes is included in the sale and the plans are already in initial stages of negotiation and approval with the authorities, they are still asking for Grading Plans that have not been done. Homes to be built (if buyer wishes to build what is in the included design) are 2,400 SF, 4 bed, Contemporary design, estimated market value of each finished house is $650,000 to $700,000. Maybe more in this wild Seller's Market. Perfect timing to build new housing, this is the strongest seller's market we have had in 25 years. Excellent opportunity to invest in a highly profitable project at a time when people are desperate for new houses.

Mortgage Calculator

Amount of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 Award

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