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Local Philanthropist, Developer Buys Land Zoned for Apartments in Santee

Conrad Prebys. Patch file photo.
Conrad Prebys. Patch file photo.

Conrad Prebys, who's given millions away to area hospitals, universities and nonprofits, recently purchased land in Santee. Prebys paid $36 million for two adjacent parcels near Mission Gorge Road, which total 33.28 acres. The property could be used to build at least 977 apartments, according to reports.

The Daily Transcript reported that Prebys, who made his fortune in real estate and construction, was the winning bidder on the property at a county auction in January.

It reported that Prebys paid more than twice the twice the minimum bid for the first parcel and almost three times as much for the second parcel. Adam Weinberg, San Diego County's chief of real estate services, told newspaper about 12 other people showed up to the auction.

The 22.15-acre parcel near Cottonwood Avenue and Park Center Drive could yield at least 631 apartments and the adjacent 11.13-acre parcel another 346+ units under current zoning, it reported.

Read more about the possibilities here.

sheeple herder February 20, 2014 at 01:58 PM
I'm sure these apartments will be of the highest quality and only attract the most upstanding in society, enjoy!
Linda O'Connor Van Wickel February 20, 2014 at 05:58 PM
And right next to a women's prison! Does it get any better than that? I'm betting HE won't be living there!
El Henry February 21, 2014 at 04:02 PM
It would be nice if he would offer to buy the only remaining historic building in Santee, the 1913 Edgemoor Dairy Barn. Does he care about the historic value in Santee, or just the returns on his investments? It would be the ultimate grace for Santee, to have the barn back from the county. It would also be a grand gesture, especially if you want to leave a legacy of yourself.
Martha Tassi February 21, 2014 at 08:06 PM
More apartments? Too bad the plan isn't for houses and/or nice big condos.
sheeple herder February 22, 2014 at 11:16 PM
Randy sold out the citizens of Santee. Sheeple for mayor!
santee citizen February 24, 2014 at 08:42 PM
how do you figure these apartments are right next to the new jail???? there are homes a lot closer. how did randy sell out the citizens????? the property was not owned by the city of santee and prebys won it in auction. why didn't you bid on it?????? sometimes you people should read what you write!!!!!
sheeple herder February 26, 2014 at 12:23 PM
Santee " Randy" citizen, no one else finds it very interesting the bids were double and triple over the bidding price for these parcels? One simple phrase: follow the money!
santee citizen February 27, 2014 at 08:02 PM
sheeple herder I am NOT randy the mayor. only a little insecure boy who has no good argument would accuse someone of being someone else!!!!
santee citizen February 27, 2014 at 08:06 PM
and another thing sheep why is it only you who is complaining? like I said you should have bid on the property. if you paid attention you would have seen the properties listed on the county's web site. do you even know how the city has every parcel already zones? the zoning happened many years ago. if you read the things that are out there you will see. if you do not like the way this are run why don't you run for office? this way you can bring a motion forward and change the zoning.

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