10270 Riverford Rd, Lakeside CA, 92040
(Active)
$3,200,000
|
|
MLS# 230014118SD
Last Updated: 5/17/2024 10:13 PM
Description for
10270 Riverford Rd
Lakeside, CA 92040
***Seller says bring all offers. Flexible Terms available ***This currently underimproved parcel located in the unincorporated area of San Diego County, is ready for your development. Highest and best use as an affordable housing condo project maximizing the density bonus program at 159 affordable units awaits.**** Not subject to State or Federal Guidelines, developer may charge rents in accordance with San Diego County's AMI of 80% allowing for a higher ROI. (State and Federal funding programs require 30-50% AMI target tenant, currently not available)**** San Diego County's commitment to affordable housing has generated a "fast track" permitting process which allows developers a high-speed lane from plan submission to breaking ground. Further, a maximum of development waivers are available**** Situated on 12 acres with a topography of moderate slope, the topography supports the development of 7 of the 12 acres, leaving 5 acres which can be dedicated to "Open/Mitigated space".
Price
$3,200,000
Lakeside
San Diego
230014118SD
Active
Description
***Seller says bring all offers. Flexible Terms available ***This currently underimproved parcel located in the unincorporated area of San Diego County, is ready for your development. Highest and best use as an affordable housing condo project maximizing the density bonus program at 159 affordable units awaits.**** Not subject to State or Federal Guidelines, developer may charge rents in accordance with San Diego County's AMI of 80% allowing for a higher ROI. (State and Federal funding programs require 30-50% AMI target tenant, currently not available)**** San Diego County's commitment to affordable housing has generated a "fast track" permitting process which allows developers a high-speed lane from plan submission to breaking ground. Further, a maximum of development waivers are available**** Situated on 12 acres with a topography of moderate slope, the topography supports the development of 7 of the 12 acres, leaving 5 acres which can be dedicated to "Open/Mitigated space".
Listing Information
| Property Type: Land, Other | ||
| 12 Acres | Assessor | |
Lakeside
Residential
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
V (7.3)
Driving Directions
CrossStreet: El Nopal
Financial Considerations
| 3790110400 |
Conventional
Listing Price History
Lakeside Real Estate
Lakeside is located in California. Lakeside, California 92040 has a population of 22,634.
The median household income in Lakeside, California 92040 is $79,543. The median household income for the surrounding county is $83,628 compared to the national median of $66,222. The median age of people living in Lakeside 92040 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 10/24/2023 | Active | $3,200,000 USD 33.33% |
|
| 7/21/2023 | Active | $2,400,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $10,909 USD | 1.49% | $895,296 USD | - |
| 2022 | $10,749 USD | 1.50% | $895,296 USD | 2.00% |
| 2021 | $10,590 USD | 1.15% | $877,742 USD | 3.06% |
| 2020 | $10,470 USD | 1.84% | $851,710 USD | - |
| 2019 | $10,281 USD | 1.16% | $851,710 USD | 2.00% |