0 Spruce Road
Property Overview
Contractors and developers! This is an incredibly valuable multi-family development opportunity in a high-demand market. 11-unit condominium project approved and entitled by the City of Chula Vista eliminates the most unpredictable and stressful phase of real estate development. Navigating discretionary approvals, California Environmental Quality Act compliance, design reviews, and community pushback typically takes 9 to 15+ months—often stretching past two years. Skipping this phase saves massive holding costs, interest payments, and bureaucratic delays, allowing to capitalize on the immediate market. All 3-Bed, 2-Car Garage Units allignes with specified unit mix perfectly targets much of the buyer pool.The housing market remains highly supply-driven, with 3-bedroom townhomes and condos moving quickly. Attached 2-car garages are a fantastic selling point in townhome/condo communities compared to units with open carports or single spaces. See attached drawings on the document section.
Home Details
- Property type
- Land
- Lot size
- 37,000 sq ft
- Days on market
- 15
- MLS status
- Active
- Zoning
- R-1
Features & Amenities
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Community
- View
- Neighborhood
Utilities
- Sewer
- Other
Location & Neighborhood
Frequently Asked Questions About 0 Spruce Road
Property type: Land
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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