Variance granted Lot/Land. Unparalleled investment opportunity at the gateway to San Diego State University's upcoming Mission Valley Campus. Capitalize on "complete communities" incentives that offer a generous FAR of 4.0 on this prime 51,389 SF site (2 parcels), allowing for approx. 200,000 SF of buildable residential space in a location on the brink of a renaissance. 1/4 mile from the forthcoming SDSU Mission Valley Campus & within the “special attention area” Trolley Station Design District under the Mission Valley Community Plan, this site offers future residents an oasis of urban living, complete w/ quality jobs, immediate access to unrivaled retail & entertainment, as well as green spaces & mobility infrastructure that encourage healthy outdoor living. The SDSU Mission Valley Campus plan includes a River Park with 80+ acres of recreation & open spaces, bike & pedestrian paths, bridges & plazas; an expansive 95,000-SF retail hub w/ shopping, dining & entertainment; 1.6 million SF of research & innovation space; hotel & conference space; & Snapdragon Stadium, a hotspot for world-class sports events & musical performances. The existing office building & 7-Eleven generate stable, near-market rents, offering a financial cushion during the permitting process. Please see the Offering Memorandum for more details & 2 pro formas of potential development scenarios. Don’t miss your chance to benefit from SDSU’s & the City’s major investments in the revitalization of an area with already high rental demand, which will only continue to rise. This is an asset to keep in the portfolio for generations to come!
This property is $6.5M more than the Median Sold Price in San Diego, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #230021039SD
Listing Office:
Office Name: Empey Realty
Office Phone: (858) 230-8644
Listing Agent: Lauren Empey
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,062
$248,839
2020
$3,061
$246,288
2019
$2,813
$241,460
2018
$2,813
$236,727
2017
$2,746
$232,087
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$37.5K
Per Month
Principal & Interest
$37.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$22.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Juarez Elementary School
2633 Melbourne Dr
Distance between this listing and this school1.02 miles
Public District Grades KG-5
6
/10
Hancock Elementary School
3303 Taussig St
Distance between this listing and this school1.51 miles
Public District Grades KG-5
5
/10
Cubberley Elementary School
3201 Marathon Dr
Distance between this listing and this school1.52 miles
Public District Grades KG-5
Nearby Schools
7
/10
Magnolia Science Academy San Diego
6525 Estrella Ave
Distance between this listing and this school1.42 miles
Public Charter Grades 6-8
8
/10
San Diego Global Vision Academy
3430 School St
Distance between this listing and this school1.59 miles
Public Charter Grades KG-8
6
/10
Taft Middle School
9191 Gramercy Dr
Distance between this listing and this school1.68 miles
Public District Grades 6-8
Nearby Schools
4
/10
Audeo Charter
10170 Huennekens St
Distance between this listing and this school0.71 miles
Public Charter Grades KG-12
4
/10
San Diego Virtual
2878 Camino Del Rio S Ste 410
Distance between this listing and this school1.48 miles
Public Charter Grades KG-12
5
/10
Hoover High School
4474 El Cajon Blvd
Distance between this listing and this school2.09 miles
The neighbors living near this home have an average income of $76,515. The majority of San Diego, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 10505 San Diego Mission Rd
What is the listing price of this property?
The listing price of 10505 San Diego Mission Rd property is $7,500,000.
What type of property is this?
The property 10505 San Diego Mission Rd is land located in San Diego, California, 92108.
Is this property for sale now?
Active Listing: 10505 San Diego Mission Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,062 (source: MLS/based on county public records data).
How much acreage is this property?
The property 10505 San Diego Mission Rd is 1.18 acres.
Interested in 10505 San Diego Mission Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 10505 San Diego Mission Rd in San Diego, CA and zip code 92108 in the Eastern San Diego neighborhood. This home sits on a 1.18 acre lot. It has been listed on Rocket Homes since October 25, 2023 and is currently priced at $7,500,000.
Over 212 listings were sold over their listed price in November 2024 in San Diego, CA. In the same period over 308 listings were sold below the listed price and 109 listings were sold for the listed price. The number of listings in San Diego, CA decreased by 4.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $948,850, while the average time on the real estate market was 27 days.
From Rocket Homes Real Estate and based on county public records data.