32.711727 -117.080956

0000 Melrose #1 San Diego, CA 92114

304885128 32.711727 -117.080956 107 /listing/304885128-150089567/0000-melrose-no-1-san-diego-ca-92114 False 0 999000.0 102 210028652 False
  • $999,000
  • 60,112 lot
  • Est payment $5362.85/mo

Property & Neighborhood Info

Courtesy Of Lepe Tendwell Properties

Vacant Land in San Diego

CALLING ALL DEVELOPERS! This awesome 60,112 square foot (1.37 Acres) parcel with Views to the Bay and Coronado Bridge is full of Opportunity! Situated in beautiful Emerald Hills in a cul-de-sac, a true developers dream come true! Owner started the process to develop up to 15 SINGLE Family Homes + ADU's! This is NOT RAW Land as Owner has began process for: Soils, Civil Engineering Prelim Work & Developmental. If you have the time, there is money to be made with this deal! ATTENTION: This Property falls within the "Opportunity Zone! Investor's Keep all Appreciation on this purchase if they hold the property for at least 10 Years! The 2017 Tax Cuts and Jobs Act includes a new tax incentive provision intended to promote investment in economically distressed communities, referred to as "Opportunity Zones.� ATTENTION: This Property falls within the "Opportunity Zone! Investor's Keep all Appreciation on this purchase if they hold the property for at least 10 Years! The 2017 Tax Cuts and Jobs Act includes a new tax incentive provision intended to promote investment in economically distressed communities, referred to as "Opportunity Zones.� Through this program, investors can achieve the following three significant tax benefits: 1. Deferral of Gain: tax on capital gains following disposition of property are deferred if such gains are invested in a "Qualified Opportunity Fund� within 180 days of disposition until the earlier of the date on which the subsequent investment is sold or exchanged, or December 31, 2026; 2. Up to 15% of Taxable Gain Extinguished: 10% of the tax on the gain invested in the 0QOF is eliminated after 5 years and an additional 5% (for a total of 15%) is eliminated after 7 years; and 3. Elimination of Gain on Investment in Fund: if the investment is held in the QOF for at least 10 years, taxes on the appreciation in value of the investment in the QOF are eliminated. ALL INFORMATION PROVIDED IS DEEMED RELIABLE BY THE SELLER. IT IS THE BUYER'S R

Courtesy Of Lepe Tendwell Properties
  1. 60,112 Lot

Main Features

  • Listing Status: Active
  • County: San Diego
  • Zoning: R-2:MM
  • MLS Number:210028652

Additional Features

  • Occupied:
    • Vacant
  • Fencing:
    • Partial
  • Acreage:
    • 1+ to 2 AC
  • Frontage:
    • Open Space
    • Other/Remarks
  • Topography:
    • Level
    • Slope Gentle
  • Utilities Available:
    • Below Ground
    • Electric
    • Telephone
  • Water:
    • Available
  • Water District:
    • CITY OF SAN DIEGO
  • Board:
    • San Diego Association of REALTORS (SDAR)
  • Sale Rent:
    • For Sale
  • Short Sale:
    • No
  • Terms:
    • Cash
    • Seller May Carry
  • List Agent BRE:
    • 01422464
  • List Office Board ID:
    • San Diego Association of REALTORS (SDAR)
  • Listing Type:
    • Exclusive Right (R)
  • Tax ID:
    • 542-620-03-00
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Jason Palkovic
Jason Palkovic
13727 Camino Canada #A2 Ste 118 El Cajon CA 92021
32.711727 -117.080956

0000 Melrose #1 San Diego, CA 92114

304885128 32.711727 -117.080956 107 /listing/304885128-150089567/0000-melrose-no-1-san-diego-ca-92114 False 0 999000.0 102 210028652 False
  • $999,000
  • 60,112 lot
  • Est payment $5362.85/mo