0 Spruce Road - Residential LAND FOR SALE


Chula Vista, CA 91911- Castle Park38,333 SF
$1,700,000 USD
619-804-7751
0 Spruce Road, Chula Vista, CA for Sale
$1,700,000 USD
Residential LAND - FOR SALE
1/12
38,333 SF

0 Spruce Road
Chula Vista, CA 91911
Castle Park


HIGHLIGHTS

  • Shovel Ready!!!
  • Entitled 11 condominium project

OVERVIEW

Please call listing agent Juan Rodriguez with any questions (619)737-2272. 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 aligns 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.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/ACRE

$1,931,807/AC

PRICE/SF

$44 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo

LAND ACRES

0.88 AC

LAND SF

38,333 SF

OFFSITE IMPROVEMENTS

-

ZONING

R1P7

APN/PARCEL ID

624-042-11

ASK ABOUT THIS PROPERTY

Juan Martinez-MillaneXp Realty of California, Inc.More Info
619-804-7751

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Juan Martinez-MillaneXp Realty of California, Inc.More Info
619-804-7751

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.