Description
*** Seller found their exchange*** Dramatic Price reduction *** Extremely rare opportunity to have a development Project in one of San Diego's most incredible neighborhoods. Possible 14 Units with 1 Affordable unit requirement. The property close to the world-renowned Balboa Park and is within walking distance of trendy restaurants, upscale grocery stores, coffee shops and nightlife. Prime location, minutes from Downtown San Diego, Little Italy, the world-famous San Diego Zoo, Balboa Park, the beaches of La Jolla, the best shopping in San Diego, and a multitude of restaurants and coffee shops. Almost Shavel ready project, demolition, and project plan has been submitted. Project feasibility will be impacted by the final design and concept. Based on the project concept financial analysis, revenues and cost. The project supports based on stabilized yield cost debt Ratio of 7
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