Active

3204 Imperial Ave # 0

San Diego CA, 92102

$3,300,000


$126.26 per sqft

Active

0.6 Acres

Land

Seize the chance to develop affordable housing in a prime location with the potential to construct over 100 units, leveraging the Complete Communities program's generous Floor Area Ratio of 6.5. This opportunity is within a stone's throw of the 32nd & Commercial Trolley Station, just 800 feet away, under the Transit Priority Overlay. The offering includes three parcels with a total combined area of 26,030 square feet, and with Tier 3 incentives via Complete Communities, there's the possibility to build up to 169,195 square feet. Situated in an Opportunity Zone, this property is a golden opportunity for developers, with RM3-7 & RM2-5 zoning allowing for a density of 1 unit per 1,000-1,500 square feet by right. This is a not-to-be-missed prospect for those looking to make a mark in the realm of affordable housing within a Transit Priority Area. (All renderings for conceptual and for illustrative purposes only. Contact appropriate professional for all details and be satisfied prior to closing.)

240014475

MLS ID

June 24, 2024

Listed

December 13, 2024

Updated

Map

3204 Imperial Ave # 0
San Diego CA, 92102

Exterior/Building Features

Lot Size

0.6 Acres


Lot Features

Corner Lot, Sidewalks

School Information

School District

San Diego Unified School District

Other Property Details

Area Name

Metro Central


Days on Market

172


Garage

No


View

Yes


View Description

City


County

San Diego


Water Source

None


Pool

No


Zoning

RM3-7RM2-5

Listed by LPT Realty,Inc, John Dzula,
Listing Contact: 619-319-1487 

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Data last updated 8:23 PM UTC, 12/13/2024

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