The owner of this large residential lot has already done the initial legwork for a minor subdivision of this parcel. He has approval for a 3 lot split with conditions, which when completed and the final map filed will give each lot its own separate parcel number. Add that to the fact that great things are on the books for Castroville and you can have a piece of the action!
On March 26, 2010 the Castroville Community Plan became effective and has changed zoning and increased allowable dwelling units on many properties within the city limits. The new zoning for this parcel is MDR-C, opening up the possibility of building a duplex on one of the lots in this subdivision thereby potentially increasing the total dwelling units to 4.
Crunch the numbers: build & sell all three properties or build & sell two single family units and retain the duplex as an investment property for continued cash flow.
For more information on the exciting changes coming to Castroville visit:
www.co.monterey.ca.us/housing/Redevelopment/Castroville/castrov.htm
(Some specific information relevant to this parcel can be found on pages 382-402)
For a variety of stylish duplex designs visit:
http://www.stocktondesign.com
(See Designs 2-2854-1, 2-2790, 2-2651, 2-9980)
