CA > San Diego
San Diego, CA 92113,2547 Commercial ST
San Diego, CA 92113,2547 Commercial ST
San Diego, CA 92113,2547 Commercial ST
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Lorenzo Vasquez

Lorenzo Vasquez

+1(559) 667-7612
$1,500,000
Est. payment /mo
5,144 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2406048

HOA Y/N No

Lot Size 5,144 Sqft

Property Description

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.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning CN-1-4

Interior

Fireplace No

Exterior

Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban, Park

View Y/N Yes

View Bay, Bridge(s), City Lights

Building

Lot Description Level, Near Park, Over 40 Units/Acre, Near Public Transit, Street Level, Tear Down, Value In Land

Others

Senior Community No

Tax ID 5356703000

Acceptable Financing Cash, Conventional, Contract, Owner May Carry, Submit

Listing Terms Cash, Conventional, Contract, Owner May Carry, Submit

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2406048

Lease Land No

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CRMLS – RECore
Listed by Frank Karako LPT Realty, Inc. frank@karakogroup.com

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agent

Lorenzo Vasquez

+1(559) 667-7612

Agent | License ID: 02072805

Agent License ID: 02072805

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