Description
3272-74 K St is comprised of two parcels with 7,188 sq ft. Presently featuring a home and two mobile homes. This property is located in the Complete Communities plan zone, an initiative designed to foster sustainable growth and enhance urban environments. By being part of this plan, the property benefits from a bonus density, opening doors to greater development potential. The property also lies within the Opportunity Zone which comes with additional tax benefits. The zoning designation for this property is RM-2- 5, offering favorable opportunities for multifamily development. Its Tier 3 status ensures a FAR ratio of 6.5, enabling efficient and maximized use of the available space, allowing for the construction of an impressive 31 units.
Location
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Listing Agent: Scott Edelstein
Listing Office: W & D Real Estate Investments
Attribution contact: 858-461-9452
