15 Feb Opportunity Zone Development
817 DOROTHY ST, CHULA VISTA, CA 91911
Offered at Seven Hundred and Ninety-Five Thousand
Bonus – Neighbor has show interest in selling as well, which adds an additional 17,900 square feet for a total of 38,600 square feet of flat, buildable land located in the pro-development Chula Vista Palomar Gateway Specific Plan.
Executive Summary
817 Dorothy is located less than a mile from the massive billion dollar Bay Front Project with an added bonus of being located within a designated Opportunity Zone. Currently the offering features one 746 square foot single family home sitting on a 20,708 Square foot lot. The parcel is located in the Palomar Gateway District Specific Plan which designated this area as Residential High zoning. The street currently features a newly constructed 22 unit apartment building with several similar development projects one street away. The proposed use would be approximately 12-14 units, the city shows density of 18-27 units per acre with density bonuses available. Offering also features Opportunity Zone benefits to defer or eliminate capital gains. Buyer to conduct their own due diligence, verify development guidelines with the city and consult their tax professional regarding Opportunity Zone benefits.
Contact for Marketing Package and Pricing
Eric M von Bluecher
Beachbreak Investments Inc.
KW Commercial | Director
858-771-2559 office
eric@sdmultifamily.com
12780 High Bluff Dr. #130, San Diego, CA 92130
DRE# 01926201
www.BeachbreakInvestments.com
