Currently the lot/site hosts a Detached Single-Family Home, occupied by month-to-month tenants, providing an annual short-term income while planning for re-development. Can be delivered Vacant! VERY LOW PROPERTY TAXES less than $4000 per year Zoning Information: -Zoning: 25'x100' lot - R5 Additional air rights are available under the “City of Yes” zoning regulations (FAR 2). Development potential includes up to 5,000 sq ft with a community facility, allowing for up to 6-7 units, or up to 3,750 sq ft without a community facility, allowing for up to 5 units. Buyers must perform their own due diligence to confirm applicability. Rented on a month-to-month basis, providing flexibility for the buyer. Whether you are looking to gut renovate or build a new building, this property is perfect! Enjoy great tenants on a month-to-month basis and collect rental income until plans are approved and construction is ready to start. Alternatively, the property can be delivered vacant upon request. Please do not visit the property without scheduling through the listing agent, and do not disturb the tenants. Disclosures: The listing broker is also a part owner of the property.