White Elephant Thai Food

3843 Richmond St, San Diego, CA

IN CONTRACT

$900,000

Price

1,174 sqft

Building Size

0.0405 acres

Lot Area

Overview
Building Size
1,174 sqft
Lot Area
0.0405 acres
Occupancy
100%
Units
1
Year Built
1948
Floors
1
Description

First time on the market in over 20 years. The 1,776 square foot lot has two different zoning designations. The property is within the Complete Communities Housing Solutions with a Tier 2 FAR 8. There are two zoning designations: RM-3-7 permits a maximum density of 1 dwelling unit for each 1,000 square feet of lot area or CC-3-8 is intended to accommodate development with a high intensity, pedestrian orientation and permits a maximum density of 1 dwelling unit for each 600 square feet of lot area. Currently, Net-leased with two years remaining on the initial term with one five-year option. This site is a highly successful continuous tenancy site with future development potential.

Located in the hip neighborhood of Hillcrest in the City of San Diego. The property is ideally located on Richmond St near the signalized intersection of University Avenue and Richmond Street.

Highlights
  • Complete Communities Housing Solutions (CCHS): FAR Tier 2 (8.0 FAR)
  • Transit Priority Area (TPA)
  • Parking Standards Transit Priority Area (PSTPA)
  • Hillcrest Business Improvement District (BID)
  • Community Plan Implementation Overlay Zone (CPIOZ) CPIOZ-A
Documents

Location
Gallery