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2547 Commercial Street

San Diego, CA 92113
  • $1,500,000
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: PTP2405878
$1,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Listing Agent(s): Frank Karako of LPT Realty, Inc. (877-366-2213)


Description

Leverage San Diegos 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 sites 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/155790831
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2547 Commercial Street San Diego, CA 92113

  • Price: $1,500,000
  • Status: Active
  • On Site: 119 Days
  • ID#: PTP2405878
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
92113 - Logan Heights
County:
San Diego
Area:
92113 - Logan Heights
Property Description
Leverage San Diegos 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 sites 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.
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/AcreLevelNear Public TransitStreet LevelTear DownValue In Land Parking Total 0 Sign On Property YN Yes

Interior Features

Cooling YN No Heating YN No

Property Features

Association Fee 0 Business Type Build to Suit Cap Rate 0 Current Financing None Gross Scheduled Income 0 Insurance Expense 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalOwner May CarrySubmit Net Operating Income 0 Operating Expense 0 Property Sub Type Mixed Use Special Listing Conditions Standard Tax Annual Amount 2038 Trash Expense 0 Zoning CN-1-4



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Frank Karako of LPT Realty, Inc. (877-366-2213)