354 Moss St. is a builders/developers dream. Most of the hard, and pestering, items have been taken care of. Everything has been submitted to the city. Architect was hired and all the drawings and renderings for a 17 unit condo/townhouse development have been completed. If you (or your client) are looking for something that can have massive ROI opportunity (owner estimates $3M to build [including land] and make $5M when the units sell. Equaling a total of $2M in profit or a 66% return on the investment), then this property and project is perfect for you. Owners were going to build and sell off the units themselves; however, the owners had a falling out. Neither one could handle the project financially by themselves, which is leading to the sell. This has caused a great opportunity for a savvy investor!
Attention Developers,Investors, Dreamers! Rare opportunity in Chula Vista to build your dream home .Close to Highway 805 and Shopping malls, owner has blue prints for an over 3000 sq.ft. home with an attached granny flat.