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1325 N Broadway

Escondido, CA 92026
  • $1,600,000
  • STATUS: Active
  • ON SITE: 154 Days
  • ID#: SB22044887
UPDATED: 52 min ago
$1,600,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Brett O'keefe of Re/Max Estate Properties (310-378-9494)


Description

Land with "by right" residential zoning. The allowable uses and density for its existing R2-12: Light Multiple Residential zoning are specifically detailed in the City of Escondido's zoning ordinances. See (supplement attached)The subject property is suitable for multifamily buildings, senior housing and small lot developments among other permitted uses. Under City of Escondido R2 Zoning you are allowed 12 dwelling units per acre. 1 acre = 43,560 square feet dived by 12 equals 3,630 square feet. The subject property lot contains 36,590 square feet. That area divided by 3,630 equals 10.08 allowable dwelling units per existing zoning. So, it would appear the site is may legally accommodate ten (10) townhomes. Buyer to independently verify. *Side Note: Adjacent building is a 30-unit apartment on same sized lot. Current zoning will not allow a similar 30-unit building.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/126552507
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1325 N Broadway Escondido, CA 92026

  • Price: $1,600,000
  • Status: Active
  • On Site: 154 Days
  • Updated: 52 min ago
  • ID#: SB22044887
0
Beds
0
Baths
0
½ Baths
0.84
Acres
Neighborhood:
92026 - Escondido
County:
San Diego
Area:
92026 - Escondido
Property Description
Land with "by right" residential zoning. The allowable uses and density for its existing R2-12: Light Multiple Residential zoning are specifically detailed in the City of Escondido's zoning ordinances. See (supplement attached)The subject property is suitable for multifamily buildings, senior housing and small lot developments among other permitted uses. Under City of Escondido R2 Zoning you are allowed 12 dwelling units per acre. 1 acre = 43,560 square feet dived by 12 equals 3,630 square feet. The subject property lot contains 36,590 square feet. That area divided by 3,630 equals 10.08 allowable dwelling units per existing zoning. So, it would appear the site is may legally accommodate ten (10) townhomes. Buyer to independently verify. *Side Note: Adjacent building is a 30-unit apartment on same sized lot. Current zoning will not allow a similar 30-unit building.
Exterior Features

Lot Features 11-15 Units/AcreNear Public TransitRectangular LotStreet Level Sign On Property YN No View Neighborhood View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStorm Drain(S)Street LightsUrban Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash New Construction YN No Senior Community YN No Special Listing Conditions StandardTrust Water Source Public Zoning R2-12 Light Multiple Resi Zoning Description R-2-12: Light Multiple Residential



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
400 E. Main St. #110
Visalia CA, 93291
Listing Agent(s): Brett O'keefe of Re/Max Estate Properties (310-378-9494)