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2701 11 Imperial Avenue

San Diego, CA 92102
  • $2,100,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: NDP2510577
UPDATED: 230 min ago
$2,100,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing Agent(s): Eric Von Bluecher of Lee & Associates (760-929-9700)


Description

Presenting 2701–11 Imperial Avenue, a rare full-corner mixed-use asset located in the heart of Grant Hill, just two miles from Downtown San Diego. This centrally positioned 14-unit property offers a unique mix of (9) SRO-style residential units and (5) commercial storefronts, including two long-standing, 4.8-star Yelp-rated tenants: Ferchaladas and Ana’s Fruit & Deli. Set on a ±5,196 SF lot and zoned CN-1-3, the property sits within multiple development-enhancing overlays including Complete Communities Tier 3, a Transit Priority Area, and a Qualified Opportunity Zone. Under these programs, the site may allow for up to 6.5 FAR and ±46,000 buildable SF, subject to buyer verification—making it well-suited for a range of strategies including lease-up, repositioning, or full redevelopment. Whether acquired for long-term cash flow or future infill development, the property benefits from central access to Downtown, Balboa Park, Logan Heights, Golden Hill, Sherman Heights, and major freeways. Surrounding the site are numerous public and private redevelopment efforts, contributing to steady growth in one of San Diego’s most strategically located urban corridors. Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment only — please do not disturb tenants or businesses. Reach out to listing agents for more information. Ivan Del Muro-Garcia 619-623-2132 idmg@lee-associates.com Lic#0216936

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169648167
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2701 11 Imperial Avenue San Diego, CA 92102

  • Price: $2,100,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 230 min ago
  • ID#: NDP2510577
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1930
Built
Neighborhood:
92102 - San Diego
County:
San Diego
Area:
92102 - San Diego
Property Description
Presenting 2701–11 Imperial Avenue, a rare full-corner mixed-use asset located in the heart of Grant Hill, just two miles from Downtown San Diego. This centrally positioned 14-unit property offers a unique mix of (9) SRO-style residential units and (5) commercial storefronts, including two long-standing, 4.8-star Yelp-rated tenants: Ferchaladas and Ana’s Fruit & Deli. Set on a ±5,196 SF lot and zoned CN-1-3, the property sits within multiple development-enhancing overlays including Complete Communities Tier 3, a Transit Priority Area, and a Qualified Opportunity Zone. Under these programs, the site may allow for up to 6.5 FAR and ±46,000 buildable SF, subject to buyer verification—making it well-suited for a range of strategies including lease-up, repositioning, or full redevelopment. Whether acquired for long-term cash flow or future infill development, the property benefits from central access to Downtown, Balboa Park, Logan Heights, Golden Hill, Sherman Heights, and major freeways. Surrounding the site are numerous public and private redevelopment efforts, contributing to steady growth in one of San Diego’s most strategically located urban corridors. Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment only — please do not disturb tenants or businesses. Reach out to listing agents for more information. Ivan Del Muro-Garcia 619-623-2132 idmg@lee-associates.com Lic#0216936
Exterior Features

Entry Level 3 Entry Location East and West Lot Features 16-20 Units/Acre Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa YN No View YN No

Interior Features

Common Walls 2+ Common Walls Cooling YN No Fireplace YN No Heating YN No

Property Features

Association Fee 0 Association YN No Cap Rate 4.03 Community Features BikingCurbsDog ParkPark Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 164568 Gross Scheduled Income 164532 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms ConventionalSubmit Net Operating Income 84598 New Construction YN No New Taxes Expense 25410 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Number Of Units Leased 14 Operating Expense 75033 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Trash Expense 0 Water Sewer Expense 0 Zoning Zoned CN-1-3Complete Co



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Eric Von Bluecher of Lee & Associates (760-929-9700)