0 Brandywine Avenue, Chula Vista, CA 91911

  • $9,000,000
  • $28
0 Brandywine Avenue, Chula Vista, CA 91911
For Sale

0 Brandywine Avenue, Chula Vista, CA 91911

0 Brandywine Avenue, Chula Vista, CA 91911
  • $9,000,000
  • $28

Overview

Property ID: 3684869
  • Land
  • Property Type

Description

Builder Alert : This rare development consists of 104 residential townhouses with a FINAL Recorded Tract Map and Approved Grading Plan. This infill projects is on approx. 11.4+ acres. Superior Mix of 3-4 Br units from approx. 1,200 – 1,800 sq. ft with attached 2 car garages, all on grade. Floor plans and elevations are included and were part if the City’s original approvals. Landscape , drainage and SQWMP and Soils and Traffic Report have been all approved. Working drawings and complete plans will be necessary, ( Buyer to confirm and verify approx. 45-90 days AFTER THE CLOSE OF ESCROW ) Grading plan is approved and ready to pull permits. (The applications, bonds, etc. would need to be filed with the City and the Permit pulled in the name of the eventual owner.) * CFD Final Hearing for Approval May 27,2024 * The translocation required to relocate remaining sensitive plants to the onsite mitigation area of the northern slope of the site. (This is must be done by the project biologist during the grading. Seller has a proposal from the biologist.) Translocation during grading, create access easement for future maintenance and perform the interim Maintenance and then the City takes over (in perpetuity). Traffic Report has been approved. HOA will be needed assuming developer sells units. OR build as rent to hold, and NO HOA will be necessary. This includes a requirement for 10% MODERATE – “Work Force Housing “ affordable component. Or, an in lieu fee of $1,291,000. For 10 units this would equate to $129,000 per unit. Consider the in lieu fee since the market value of the homes may exceed the $129,000 of the in lieu fee

  • Address 0 Brandywine Avenue
  • City Chula Vista
  • State/county CA
  • Zip/Postal Code 91911
  • Area 91911 - Chula Vista
  • Country United States

Details

Updated on May 1, 2024 at 4:15 pm
  • Property ID: 3684869
  • Price: $9,000,000
  • Land Area: 324522.00 Sqft
  • Property Type: Land
  • Property Status: For Sale
  • MLS#: SR24086636
  • Office Name: KELLER WILLIAMS REALTY-STUDIO CITY
  • Agent Name: Sonny Benudiz
  • MLS Status: Active
  • Agent State License: 00790097
  • IDX Contact Info: [email protected]

Additional details

  • View: See Remarks
  • County: San Diego
  • Water Source: Public

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