Summit Avenue
Santee R-7 Development Opportunities

Summit Avenue Santee R-7 Development OpportunitiesSummit Avenue Santee R-7 Development OpportunitiesSummit Avenue Santee R-7 Development Opportunities
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Summit Avenue
Santee R-7 Development Opportunities

Summit Avenue Santee R-7 Development OpportunitiesSummit Avenue Santee R-7 Development OpportunitiesSummit Avenue Santee R-7 Development Opportunities
  • Home
  • 11025 SUMMIT AVE
  • 11009 SUMMIT AVE
  • 10939 SUMMIT AVE
  • Contact

OFFERING MEMORANDUM

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Investment Highlights

INVESTMENT HIGHLIGHTS

NEW CONSTRUCTION COMMUNITIES IN DEMAND!

NEW CONSTRUCTION COMMUNITIES IN DEMAND!

  • 2.32 Acres
  • Housing Community, Townhome, or Multifamily Development Opportunity.
  • R-7 Zoning: Parcel was recently approved for up-zoning to R-7 by the City of Santee as part of the 6th Cycle Housing Element.
  • R-7 Zoning allows for 7 to 14 units per gross acre. It is a Medium Density Residential General Plan designation. Per the city's zoning code, the R-7 zone "is intended for a wide range of multiple family residential development types including detached units in planned residential development at the lower end of the density range and attached units at the higher end of the density range." Maximum lot coverage is 55%, maximum height is 35 feet/three stories, and there is no minimum lot size.


ENTITLEMENTS


  • This property is being offered unentitled.


EXISTING IMPROVEMENTS


  • Currently improved with one 4 bedroom/ 3 bathroom, 3032 square foot single-family residence, large detached garage, and a 1 bedroom/1 bathroom detached guest house that is approximately 1,000 sqft. The property is currently owner occupied with one tenant in the guest house. DO NOT ENTER PROPERTY OR DISTURB RESIDENTS. All tours must be coordinated with Pamela Macias from Radius Agent.


PRICE & TERMS


  • All offers will be considered.
  • Suggested due diligence period is 60 days.
  • Offers contingent upon entitlement may be considered.

NEW CONSTRUCTION COMMUNITIES IN DEMAND!

NEW CONSTRUCTION COMMUNITIES IN DEMAND!

NEW CONSTRUCTION COMMUNITIES IN DEMAND!

  • Property is located in close proximity to in demand housing development communities such as Mastercraft Residential's Walker Trails, Summit Santee's Noble Way, Pardee Homes' Castlerock, Kb Homes' River Village and townhome/condominium development communities such as Presidio Cornerstone's Laurel Heights, Pardee Homes' Weston, City Ventures' Caribbean Way, Kb Homes' Prospect Fields, and William Lyon Homes' Riverview, just to name a few.
  • Recent New Construction Community Home sales boast a closing range between $905,500 and $1,300,000
  • Recent New Construction Townhome/ Condominium Communities boast a sales closing range between $738,000 and $964,000.00


SITE LOCATION


  • The property is located at the northern end of the City of Santee. The location provides a nice balance of beauty and nature with its mountainous and luscious green backdrop, while still being able to enjoy the quick accessibility to all the retail amenities Santee has to offer. No need to live miles away in the country to enjoy some beautiful nature, this property's location is truly the best of both worlds. 
  • The property is just minutes away from Santee's 700 acre Town Center District, Santee Trolley Square shopping complex, and the Metropolitan Transit System Trolley station. The property is a short distance from Santee's beautiful outdoor activities such as Santee Lakes, Mission Trails Regional Park, San Diego River Trail, and the Walker Preserve Trail, just to name a few. 





CITY OF SANTEE OVERVIEW

The city of Santee boasts a beautiful sunny and vibrant climate, great schools, and a

 country-esque vibe. According to the city's website, " Santee prides itself on having a lean government that responds to its citizens' concerns. Collectively, these are among the key attributes of the City of Santee, which in 2022 has an estimated population of 60,037. Quality-of-life issues are important to local residents, who simultaneously value the abundance of open space as well as convenient shopping in the city’s retail core.


Santee is ideally located between the Pacific Ocean and the mountains of the Cleveland National Forest. While Santee is considered part of the East County Region, the city is only 18 freeway miles from the San Diego’s premier beaches. Santee is connected to the coastline by State Route 52, a six-lane freeway that connects Interstate 5 in La Jolla to State Route 67. State Route 125 also intersects with State Route 52, forming a transportation hub in the heart of Santee."


Santee is truly a city above the rest, showing their dedication to building a dynamic and progressive city their residents are proud to call home.

OFFERING MEMORANDUM DISCLAIMER

OFFERING MEMORANDUM DISCLAIMER

RADIUS AGENT (“BROKER” LICENSE # 02051216) HAS BEEN RETAINED AS THE OWNER’S EXCLUSIVE ADVISOR AND BROKER REGARDING THE SALE OF 11009 SUMMIT AVENUE., SANTEE, CA 92071 AND 10939 SUMMIT AVENUE., SANTEE, CA 92071 (THE “PROPERTY”).   THIS OFFERING MEMORANDUM HAS BEEN PREPARED BY BROKER FOR USE BY A LIMITED NUMBER OF PARTIES AND DOES NOT PURPORT TO PROVIDE A NECESSARILY ACCURATE SUMMARY OF THE PROPERTY OR ANY OF THE DOCUMENTS RELATED THERETO, NOR DOES IT PURPORT TO BE ALL-INCLUSIVE OR TO CONTAIN ALL OF THE INFORMATION WHICH PROSPECTIVE INVESTORS MAY NEED OR DESIRE. ALL PROJECTIONS HAVE BEEN DEVELOPED BY BROKER, THE OWNER, AND DESIGNATED SOURCES AND ARE BASED UPON ASSUMPTIONS RELATING TO THE GENERAL ECONOMY, COMPETITION, AND OTHER FACTORS BEYOND THE CONTROL OF THE OWNER AND, THEREFORE, ARE SUBJECT TO VARIATION. NO REPRESENTATION IS MADE BY BROKER OR OWNER AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND NOTHING CONTAINED HEREIN IS, OR SHALL BE RELIED ON AS, A PROMISE OR REPRESENTATION AS TO THE FUTURE PERFORMANCE OF THE PROPERTY. ALTHOUGH THE INFORMATION CONTAINED HEREIN IS BELIEVED TO BE CORRECT, OWNER AND ITS EMPLOYEES DISCLAIM ANY RESPONSIBILITY FOR INACCURACIES AND EXPECT PROSPECTIVE PURCHASERS TO EXERCISE INDEPENDENT DUE DILIGENCE IN VERIFYING ALL SUCH INFORMATION. FURTHER, BROKER, OWNER, AND ITS EMPLOYEES DISCLAIM ANY AND ALL LIABILITY FOR REPRESENTATIONS AND WARRANTIES, EXPRESSED AND IMPLIED, CONTAINED IN, OR FOR OMISSION FROM, THIS OFFERING MEMORANDUM OR ANY OTHER WRITTEN OR ORAL COMMUNICATION TRANSMITTED OR MADE AVAILABLE TO THE RECIPIENT. THIS OFFERING MEMORANDUM DOES NOT CONSTITUTE A REPRESENTATION THAT THERE HAS BEEN NO CHANGE IN HE BUSINESS OR AFFAIRS OF THE PROPERTY OR THE OWNER SINCE THE DATE OF PREPARATION OF THE PACKAGE. ANALYSIS AND VERIFICATION OF THE INFORMATION CONTAINED IN THIS PACKAGE IS SOLELY THE RESPONSIBILITY OF THE PROSPECTIVE PURCHASER.


ADDITIONAL INFORMATION AND AN OPPORTUNITY TO INSPECT THE PROPERTY WILL BE MADE AVAILABLE UPON WRITTEN REQUEST TO INTERESTED AND QUALIFIED PROSPECTIVE PURCHASERS. OWNER AND BROKER, IF AUTHORIZED BY OWNER, EXPRESSLY RESERVE THE RIGHT, AT THEIR SOLE DISCRETION, TO REJECT ANY AND ALL EXPRESSIONS OF INTEREST OR OFFERS REGARDING THE PROPERTY AND/OR TERMINATE DISCUSSIONS WITH ANY ENTITY AT ANY TIME WITH OR WITHOUT NOTICE. OWNER SHALL HAVE NO LEGAL COMMITMENT OR OBLIGATION TO ANY ENTITY REVIEWING THIS OFFERING MEMORANDUM OR MAKING AN OFFER TO PURCHASE THE PROPERTY UNLESS AND UNTIL A WRITTEN AGREEMENT FOR THE PURCHASE OF THE PROPERTY HAS BEEN FULLY EXECUTED, DELIVERED, AND APPROVED BY OWNER AND ANY CONDITIONS TO OWNER’S OBLIGATIONS THEREUNDER HAVE BEEN SATISFIED OR WAIVED. BROKER IS NOT AUTHORIZED TO MAKE ANY REPRESENTATIONS OR AGREEMENTS ON BEHALF OF OWNER


HIS OFFERING MEMORANDUM AND THE CONTENTS, EXCEPT SUCH INFORMATION WHICH IS A MATTER OF PUBLIC RECORD OR IS PROVIDED IN SOURCES AVAILABLE TO THE PUBLIC (SUCH CONTENTS AS SO LIMITED HEREIN ARE CALLED THE “CONTENTS”), ARE OF A CONFIDENTIAL NATURE. BY ACCEPTING THE PACKAGE, YOU AGREE (I) TO HOLD AND TREAT IT IN THE STRICTEST CONFIDENCE, (II) NOT TO PHOTOCOPY OR DUPLICATE IT, (III) NOT TO DISCLOSE THE PACKAGE OR ANY OF THE CONTENTS TO ANY OTHER ENTITY (EXCEPT TO OUTSIDE ADVISORS RETAINED BY YOU, IF NECESSARY, FOR YOUR DETERMINATION OF WHETHER OR NOT TO MAKE A PROPOSAL AND FROM WHOM YOU HAVE OBTAINED AN AGREEMENT OF CONFIDENTIALITY) WITHOUT THE PRIOR WRITTEN AUTHORIZATION OF OWNER OR BROKER, (IV) NOT USE THE PACKAGE OR ANY OF THE CONTENTS IN ANY FASHION OR MANNER DETRIMENTAL TO THE INTEREST OF OWNER OR BROKER, AND (V) TO RETURN IT TO BROKER IMMEDIATELY UPON REQUEST OF BROKER OR OWNER. 


ARTWORK DISCLAIMER: ALL DEVELOPMENT REGULATIONS, DESIGNS, PLANS, ELEVATIONS, 3-D ARTIST RENDERINGS &/OR IMAGERY ARE CONCEPTUAL ONLY, AND ARE PROVIDED SUBJECT TO ERRORS & OMISSIONS IN THE INFORMATION WITHOUT NOTICE. NO REPRESENTATION OF A GUARANTEE, WARRANTY OR CERTIFICATION IS INTENDED, EXPRESSIVELY OR IMPLIED TO THE ACCURACY OF THIS CONCEPT TO THE REGULATORY GUIDELINES OF THE LOCALIZED GOVERNING AUTHORITIES DEVELOPMENT AND/OR DESIGN GUIDELINES.

  • Home
  • 11025 SUMMIT AVE
  • 11009 SUMMIT AVE
  • 10939 SUMMIT AVE
  • Contact

Pamela Macias, Realtor

DRE 01967517

619-820-2454

Copyright © 2025 Pamela Macias, Realtor - All Rights Reserved.

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