900 Melrose San Diego CA 92114 ACTIVE
MLS# PTP2401940 photo #1 MLS# PTP2401940 photo #2 MLS# PTP2401940 photo #3 MLS# PTP2401940 photo #4 MLS# PTP2401940 photo #5
$495,000
bd/ba
sf
60,113 lot
4/5/24: 495,000 Original List Price
28 Days on Market
Virtual Tour

Land
Canyon View
story
0 Parking Garage Spaces
Y Fireplace
Laundry Location

See Remarks Zoning
EmerHiEMER Neighborhood
Foothills,Street Lights,Valley,Park Complex/Park
$0 Total Fees/mo (HOA and/or Mello)
PTP2401940 MLS

Calling ALL Investors and Developers! Presenting a one of a kind opportunity on a BUILDABLE LOT to bring new inventory to San Diego. Grading and Soils Permits initiated. Development services permit with the city of San Diego to grade the land. Offsite improvements up to the LOT: Water-Sewer- Electrical. Possibility to build 15 Single Family Homes with ADU'S & junior ADU'S for each home. Views of the San Diego Bay. Tax Benefits: Opportunity Zone, Promise Zone, Enterprise Zone, Community Zone, and Transit Zone. Overlooking the Jacobs Center, New Public facilities, Libraries, and Science Institute. Melrose Place is a Cul-De-Sac St. in EMERALD HILLS. Buyer to verify all prior to close of escrow.

No additional information on record.

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Listing by Marco Barnett - Finest City Homes & Loans

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Seth Chalnick
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20% Down Conventional
Price $495,000
Down Payment% 20.0%
Down Payment$ $99,000
Loan Amount $396,000
Term (years) 30
Interest Rate
Principal & Interest
Property Tax $454
Home Insurance $100
Total monthly fees (HOA and/or Mello) $0
Estimated Total Payment/mo
 
Property Tax Deduction
Housing Amount You Pay Now
Relative additional expense/savings
3.5% FHA
Price $495,000
Down Payment 3.5%
Down Payment $17,325
Base Loan Amount $477,675
Upfront MIP% 1.000%
Upfront MIP$ $4,777
Loan Amount $482,452
Term (years) 30
Interest Rate
Principal & Interest
Property Tax $454
Home Insurance $50
FHA Ins Prem $402
Total monthly fees (HOA and/or Mello) $0
Estimated Total Payment/mo
 
Property Tax Deduction
Housing Amount You Pay Now
Relative additional expense/savings
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Contact Seth directly:
Seth Chalnick
619.251.8803
seth@sethchalnick.com
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