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10270 Riverford Rd

Lakeside, CA 92040
  • $2,500,000
  • STATUS: Active
  • ON SITE: 446 Days
  • ID#: 200045644
$2,500,000
  • 0
    BEDS
  • 12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent: Sharon Heyden of Over The Top Realty


Description

Priced at 125K/lot (many with views) this 20 lot subdivision comes with tentative map (eta July 15) 7500-14000 sf lots. Adjacent to Paseo Park (77 homes built in 1986 ranging from 1100-1550 sf closing between 575K & 750K). (see pics)****Tentative map encompasses level portion of 12 acres with hillside dedicated as mitigated.**** Price includes tentative map final (est Nov, 2020) ****Engineering improvements estimated at 1.2M.****Projected profit $1.5-$2M prior to buildout.*****Seller may consider financing options based upon the strength of buyer and down payment.**** Existing tenant occupied home suitable for financing during the development process. ********************************************************************************************************************** All figures are estimated based upon current market conditions at time of listing. Buyer not to rely upon broker's marketing speculation and to perform their own due diligence prior to closing.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
www.themmteamrealty.com/homes/110115205
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10270 Riverford Rd Lakeside, CA 92040

  • Price: $2,500,000
  • Status: Active
  • On Site: 446 Days
  • ID#: 200045644
0
Beds
0
Baths
0
½ Baths
12
Acres
Neighborhood:
92040 - Lakeside
County:
San Diego
Area:
92040 - Lakeside
Property Description
Priced at 125K/lot (many with views) this 20 lot subdivision comes with tentative map (eta July 15) 7500-14000 sf lots. Adjacent to Paseo Park (77 homes built in 1986 ranging from 1100-1550 sf closing between 575K & 750K). (see pics)****Tentative map encompasses level portion of 12 acres with hillside dedicated as mitigated.**** Price includes tentative map final (est Nov, 2020) ****Engineering improvements estimated at 1.2M.****Projected profit $1.5-$2M prior to buildout.*****Seller may consider financing options based upon the strength of buyer and down payment.**** Existing tenant occupied home suitable for financing during the development process. ********************************************************************************************************************** All figures are estimated based upon current market conditions at time of listing. Buyer not to rely upon broker's marketing speculation and to perform their own due diligence prior to closing.
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Listing Agreement Exclusive Right To Sell Listing Service Full Service



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
 
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The M&M Team Realty
9230 Mayne St
Bellflower CA, 90706
Listing Agent: Sharon Heyden of Over The Top Realty