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Sold Date4/29/2021
Closed

7059 El Cajon BlvdSan Diego, California CA92115

Listing ID190052174

$725,000

Transit Zone development opportunity. Located near the 70th & El Cajon Blvd intersection and bus service within 3 blocks. CUPD-CU-2-3 Zoning. With BONUSES, there is potential to build 14 units of 15,633 square feet total residential area. Additional area for commercial can be obtained on the ground floor. With inclusion of affordable housing, the parking requirement is zero (3 of 14 units would be affordable). 50 foot maximum height. Currently a Hookah Lounge. 3,200 SF of retail space. Parking on street and 12 parking spaces in rear off alley. El Cajon Blvd offers ample traffic both vehicle and pedestrian. This property was formerly a restaurant and contains improvements for restaurant use. (Income and costs are an estimate.)
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