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11041 Summit Avenue, Santee, CA 92071

$1.59M0ba
Lot 2 sqft•Land•
Active
•141d on market•MLS# 8P-2603966

Property Description

Build up to 32 units! 2.32 acres zoned R-7 allowing for 7-14 units per acre to be built. Property already features a large 3 bedroom/2 bathroom single family residence with large kitchen, 2 extra large rec rooms and a pool. This property is the absolute best of both worlds, live in a country-esque environment while only being minutes 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 2589 sqft. Property shows as 2 units on tax records. 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, 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 prcnt, maximum height is 35 feet/three stories, and there is no minimum lot size.

Features & Amenities

Fee

Property Details

Land Type
Fee
Property Type
Land
View
Panoramic
City
Santee
Zip Code
92071
County
San Diego
Listed byMR Agent Real Estate Inc., Pamela Macias

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,039.91
Principal & Interest
Loan Amount
$1,272,000
Total Interest
$1,622,366
Total Payment Over 30 Years
$2,894,366
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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