Asking Price: $1,199,000

Attention Developers and Home Builders! Existing remodeled home on huge lot with a plethora of options. Room to subdivide the 1.5 acre parcel into possibly 7 additional lots to build 7 new homes (plus the existing home). Ideal opportunity for contractor, home builder, or buyer looking for a larger lot, guest home(s), ADU’s etc. A 5 lot Tentative Parcel Map was previously approved by the city of Lemon Grove, expired Jan 2023. List price range of $999,000 to $1,199,000. According to the city of Lemon Grove, this property is also eligible for the new CA Senate Bill 9 to split the lot into 2 lots with each lot having a home and ADU for a total of 4 homes. The existing home was fully remodeled down to the studs and features A/C, SS appliances, a breakfast bar, master suite w/large master bath, 2 car garage, fenced yard and view. The existing home also includes upgraded plumbing and electrical as well as a large bonus room with it's own entrance that can possibly be converted into an ADU or granny flat. Seller's plans and reports included: Architectural, structural, grading, engineering, water, improvement plans, soil report, and previously approved 5 lot TPM 0189. Rent the existing home while waiting for entitlements. Existing home: 3 Bed / 2 Bath 2,155 sq ft (including the 650 sq ft unpermitted bonus room) Front / West side of lot located at: 2065 69th St Lemon Grove, CA 91945 Additional details of the existing home can be found under the listing at 2065 69th St, Lemon Grove.