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$2,000,000
New Listing

11041 Summit Avenue
Santee, CA 92071

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
County:
San Diego
Listed by Pamela Macias of Radius Agent Realty [email protected]
Call Now: 760-685-2637
Is this the listing for you? We can help make it yours.
760-685-2637
11041 Summit Avenue11041 Summit Avenue11041 Summit Avenue11041 Summit Avenue
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Monthly Payment (Est.)

$9,125
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R-7 Zoning! Up to 32 Unit Development Opportunity on this 2.32 Acre Property. This property is the absolute best of both worlds, live in a country-esque environment while only being minutes away from shopping centers and freeways. Fell good knowing you can make this home exactly how you want with your own touches all while knowing you have an incredible growing value in the land you live on. Property features fully owned solar, upgraded electrical panel and new roof on main house, all only 2-3 years old. Home is extremely spacious with interior dimensions measuring approximately 3484 sqft. Property shows as 2 units on tax records. Opportunity to revert back to 2 units or customize a grand layout for the home you have always dreamed of. Parcel was approved for up-zoning to R-7 by the City of Santee as part of the 6th Cycle Housing Element. R-7 Zoning allows for 7 to 14 units per gross acre. It is a Medium Density Residential General Plan designation. Per the city's zoning code, the R-7 zone "is intended for a wide range of multiple family residential development types including detached units in planned residential development at the lower end of the density range and attached units at the higher end of the density range." Maximum lot coverage is 55%, maximum height is 35 feet/three stories, and there is no minimum lot size. Home is extremely spacious with interior dimensions measuring approximately 3484 sqft. Property shows as 2 units on tax records. Opportunity to revert back to 2 units or customize a grand layout for the home you have always dreamed of. Parcel was approved for up-zoning to R-7 by the City of Santee as part of the 6th Cycle Housing Element. R-7 Zoning allows for 7 to 14 units per gross acre. It is a Medium Density Residential General Plan designation. Per the city's zoning code, the R-7 zone "is intended for a wide range of multiple family residential development types including detached units in planned residential development at the lower end of the density range and attached units at the higher end of the density range." Maximum lot coverage is 55%, maximum height is 35 feet/three stories, and there is no minimum lot size.

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Listing Snapshot
Price 
$2,000,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.32 Acres
Year Built 
N/A
MLS® Number 
260001746SD
Status 
Active
Property Tax 
$5,550
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
12 hours agoListing updated with changes from the MLS®
21 hours agoListing first seen on site
General Features
Acres 
2.32
Additional Property Use 
Multi-FamilyResidentialSingle Family
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Exterior Features
Lot Features 
Gentle Sloping
Community Features
MLS Area 
92071 - Santee


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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