$9,000,000 $48,314 est/mo Sourced by Back At You

0 Brandywine Avenue,Chula Vista, CA 91911

Chula Vista CA, 91911

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Description

CALL FOR OFFERS BY NO LATER THAN MAY 23. Builder Alert : This rare development consists of 104 residential townhouses with a RECORDED TTM AND FINAL Recorded Tract Map and Approved Grading Plan, Improvement Plan, Landscape Plans are all approved. Seller has plan from SDG & E for Gas & Electric. This infill projects is on approx. 11.4+ acres. Superior Mix of 3-4 Br units from approx. 1,200 - 1,800 sq. ft with attached 2 car garages, all on grade. Floor plans and elevations are included and were part of the City's original approvals. Landscape , drainage and SQWMP and Soils and Traffic Report have been all approved. Working drawings and complete plans will be necessary, ( Buyer to confirm and verify approx. 45-90 days AFTER THE CLOSE OF ESCROW ) Grading plan is approved and ready to pull permits. (The applications, bonds, etc. would need to be filed with the City and the Permit pulled in the name of the eventual owner.) * CFD Approved May 7,2024 * The translocation required to relocate remaining sensitive plants to the onsite mitigation area of the northern slope of the site. (This is must be done by the project biologist during the grading. Seller has a proposal from the biologist.) Translocation during grading, create access easement for future maintenance and perform the interim Maintenance and then the City takes over (in perpetuity). Traffic Report has been approved. HOA will be needed assuming developer sells units. OR build as rent to hold, and NO HOA will be necessary. This includes a requirement for 10% MODERATE - Work Force Housing affordable component. Or, an in lieu fee of $1,291,000. For 10 units this would equate to $129,000 per unit. Consider the in lieu fee since the market value of the homes may exceed the $129,000 of the in lieu fee

Details

MLS#SR24086636
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site23
Listing Provided ByKeller Williams Realty-Studio City 818-432-1500 | Sonny Benudiz

Features

ZoningR1
Acreage7.45
Property ViewYes

Market Activity 91911

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Listings Checked: 2 seconds ago
StateCA
CountySan Diego
CityChula Vista
Zip Code91911
Area91911 Chula Vista
Community NameChula Vista
Listing VS Median (in Chula Vista)
Price:
$9,000,000
low | high
Med:
$0
On Site:
23
low | high
Med:
Sourced by Back At You
Listing Updated: May 21, 2024 at 5:46:40 PM PDT
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