Listing by: Frank Karako, Big Block Realty, Inc, frank@karakogroup.com

0 Beds

n/a Full bath

n/a SqFt

Active

Leverage San Diego’s Complete Communities Plan for up to 6.5 FAR on this 5,146 square foot urban infill development site. Potential to build 35 or 49 units in a 55’ 5-story or 85’ 7-story multifamily building with up to 33,449 gross SF. Benefit from relaxed parking requirements and more design flexibility due to the site’s location in a Transit Priority Area. Lucrative CN-1-4 zoning offers the potential for commercial and mixed use. Located just east of Downtown San Diego in the Logan Heights neighborhood, the site is conveniently located next to the MTS Trolley Orange Line allowing easy transportation to employment centers across the region. The location of the site within an Opportunity Zone may allow developer to utilize incentives including capital gains tax breaks. Property currently has a small office building and lot is being used as small repairs for autos.

Property Details
Price $1,500,000
Lot Size Area 5146
Lot Size Area Units Square Feet
Acres 0.1181
Property Type Land
Exterior Features Curbs,Sidewalks,Storm Drains,Street Lights,Urban,Biking
View Bay,Bridge(s),City Lights,See Remarks
Lot Description Level with Street,Level,Near Public Transit,Over 40 Units/Acre,Park Nearby,Tear Down,Value In Land
Association Fee 0
Geographic Data
Directions From the 5 fwy, exit Cesar Chavez, Merge onto Kearney Ave, Turn right onto Cesar E. Chavez Pkwy, Slight right onto Commercial St.
County San Diego
Latitude 32.705
Longitude -117.138997
Market Area 92113 - Logan Heights
Address Information
Address 2547 Commercial Street, San Diego, CA 92113
Postal Code 92113
City San Diego
State CA
Country United States
Listing Information
Listing Office Big Block Realty, Inc
Listing Agent Frank Karako
Listing Agent Phone frank@karakogroup.com
Attribution Contact frank@karakogroup.com
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Virtual Tour URL https://www.propertypanorama.com/instaview/crmls/PTP2406048
MLS Information
Days on market 0
MLS Status Active
Listing Date Oct 2, 2024
Listing Last Modified Oct 2, 2024
Tax ID 5356703000
MLS Area 92113 - Logan Heights
MLS # PTP2406048

This information is believed to be accurate, but without any warranty.
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