1815 Dahlia Ave, Otay Mesa, CA 92154

$1,399,000
11,706
SqFt

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List Price
$1,399,000
Days on Market
1
Status
ACTIVE
MLS#
260024352
Living Sq. Ft
11,706
City
Otay Mesa
Property Type
Multifamily

Property Description

Compelling South San󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 Diego development opportunity featuring an existing single-family residence plus a proposed 15-unit ADU development. The project is well advanced through the City of San Diego approval process, providing a buyer the opportunity to step into a project that has already progressed substantially through planning and design. The proposed development includes approximately 10,839 square feet of new residential construction across three stories, with a diversified mix of one-, two- and three-bedroom residences ranging from approximately 474 to 933 square feet. The current plans provide for 20 covered ground-level parking spaces. Upon completion, the property would feature 16 total residential units, including the existing residence. The proposed 15-unit program consists of one by-right ADU, seven deed-restricted affordable ADUs, and seven bonus ADUs, creating an efficient path to substantially increase density while retaining the existing residence. An attractive opportunity for a developer or investor seeking a well-progressed infill multifamily project in South San Diego with significant entitlement and design work already completed.

Additional Information

Living Area
11,706
Stories
3

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Listing courtesy of Listing Agent: Dan Tomasi (858-344-3782) from Listing Office: Douglas Elliman of California, Inc..

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