Property listed by eXp Realty of California, Inc., Deborah See [email protected]
$875,000
Rare multi-parcel development opportunity in the highly desirable Mt. Helix area of La Mesa. This offering includes three contiguous parcels (APNs 501-162-42-00, 501-162-43-00, and 501-162-44-00) totaling approximately 1.13 acres of gently sloping, mostly usable land. Zoned R-1 residential, the property presents significant upside for builders, investors, or end users looking… Read More to create a multi-home compound or small development project. The front parcel features an existing structure that is considered a complete tear-down due to severe structural deterioration, including a collapsing roof. However, this lot provides a major advantage with existing utility infrastructure already in place, including a water meter, sewer connection, and electricity—saving substantial time and development costs. The two rear parcels are currently landlocked, and a buyer will need to establish an easement for legal access across the front lot, creating a clear opportunity for value creation through thoughtful site planning and entitlement work. All three parcels have been previously subdivided and are to be sold together, offering flexibility for a range of development strategies. Under current California SB9 guidelines, there may be potential to build multiple residential units, with prior marketing suggesting the possibility of several homes across the three lots, though buyers should verify all development potential independently. The property offers approximately 49,000+ square feet of land with a gentle slope, no HOA, and a quiet, private setting near the base of Mt. Helix, while still providing convenient access to Highway 94, shopping, and downtown San Diego. This is an ideal project for a developer or investor looking to unlock value through entitlement, infrastructure planning, and new construction in a high-demand area. Buyer to verify zoning, SB9 development potential, easement requirements, utilities, and all land use regulations with the County of San Diego, as the property falls under County jurisdiction for building and permitting. Read Less
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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