MAJOR PRICE REDUCTION!
PRIME DOWNTOWN NATIONAL CITY
REDEVELOPMENT SITE
NATIONAL CITY, CA
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LOCATION: | Southeast corner of National City Blvd. and 11th Street in downtown National City; adjacent to National City Hall. The site includes a contiguous parcel of land that extends from 12th Street to 11th Street. |
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APN/SIZE: |
556-554-17 = .79 acres (extends from 12th St. to 11th St.) 556-554-18, 19 & 20 = .67 acres (SEC National City Blvd. and 11th St.) |
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TOPO: | Basically flat. |
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ZONE: | National City Downtown Specific Plan Development Zone 5B. Medium density multi-family residential over street-level retail on National City Blvd.. Floor Area Ratio 4:1. Maximum height 90 feet. Note: Specific Plan does not further define medium density. BUYER TO VERIFY ZONING AND THAT IT WILL ALLOW BUYER'S INTENDED USE. |
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OTHER: | Parcel 17 has an 18,535 sq. ft. building on it that is slated for demolition. The proposed project for Parcel 17 includes a mixed-use development project consisting of a 22-story condominium building with 247 residential units and commercial space. A Consistency Review for Parcels 18, 19 and 20 allows for 204 residential units, 92 hotel rooms and 53,113 SF of commercial space. |
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HIGHLIGHTS: | Strong city commitment to downtown redevelopment. Centrally located 4.5 miles from downtown San Diego. National City has long been associated with the largest US naval installation on the west coast and the 24th Marine Terminal / commercial port. Potential military housing, senior housing, market rate rentals and commercial. |
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PRICE: | REDUCED TO $1,380,000 (was $3,230,000). |
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CONTACT: | David Rosenthal (DRE 01173980) - (818) 787-3077 for additional information. |
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DISCLAIMER NOTICE TO BUYER: The above information is assumed to be correct, but not guaranteed. Please click here to view our full disclaimer.
KOREK LAND COMPANY, INC.
15230 Burbank Blvd., Suite 101, Sherman Oaks CA 91411
Telephone: (818) 787-3077; Fax: (818) 787-9677
E-mail: mail@korekland.com
DRE 00861992