0 Spruce RoadChula Vista, CA 91911
San Diego County
Description
Contractors and developers! This is an incredibly valuable multi-family development opportunity in a high-demand market. 11-unit condominium project approved and entitled by the City of Chula Vista eliminates the most unpredictable and stressful phase of real estate development. Navigating discretionary approvals, California Environmental Quality Act compliance, design reviews, and community pushback typically takes 9 to 15+ months—often stretching past two years. Skipping this phase saves massive holding costs, interest payments, and bureaucratic delays, allowing to capitalize on the immediate market. All 3-Bed, 2-Car Garage Units allignes with specified unit mix perfectly targets much of the buyer pool.The housing market remains highly supply-driven, with 3-bedroom townhomes and condos moving quickly. Attached 2-car garages are a fantastic selling point in townhome/condo communities compared to units with open carports or single spaces. See attached drawings on the document section.
Property Information
- Property type
- Land
- Lot size
- 0.85 acres
- Zoning
- R-1
- Days on market
- 148
- MLS® Listing#
- PTP2604483
Property Features
- Community
- Street Lights
- Utilities
- See Remarks
- Sewer
- Other
Financial Details
- HOA
- None
- Parcel number
- 6240421100
Directions
805 to Main Street (West) Main Street to Maple Dr Lot is on the corner of Maple Dr, and Spruce Road
Listing Courtesy: Home Investment Center - juanrodriguez15@msn.com
Presented by: Juan Rodriguez
Licensed in the state of California.
