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    10270 Riverford Rd

    Lakeside, CA 92040
    • $2,500,000
    • STATUS: Active
    • ON SITE: 365 days
    • ID#: 200045644
    UPDATED: 81 min ago
    $2,500,000
    • 0
      BEDS
    • 12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    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 2021-09-18T09:27:16.587. 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 Power Real Estate Group. Licensed in the State of California, USA.
    www.seecaliforniahomesforsale.com/homes/110115205
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    10270 Riverford Rd Lakeside, CA 92040

    • Price: $2,500,000
    • Status: Active
    • Updated: 81 min ago
    • 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.
    Exterior Features

    Lot Features Level

    Property Features

    Listing Agreement Exclusive Right To Sell Listing Service Full Service

    Listing provided courtesy of Sharon Heyden of Over The Top Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T09:27:16.587. 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 Power Real Estate Group. Licensed in the State of California, USA.
     
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    Power Real Estate Group
    27371 Pumpkin Street
    Murrieta CA, 92562