2547 Commercial Street

San Diego, CA 92113
$1,500,000
0.12 acres | #PTP2406048
Courtesy of Big Block Realty, Inc

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.

  • Property Details
    • Property
      • View:Bay, Bridges, CityLights
      • Lot description:Level, NearPark, Over40UnitsAcre, NearPublicTransit, StreetLevel, TearDown, ValueInLand
    • Measurements
      • Acres:0.1181
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Community and Neighborhood Details
    • Location
      • County:San Diego
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 500, 000
  • Other
    • Source
      • MLS #:PTP2406048

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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