Active
3204 Imperial Avenue # 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
August 23, 2024
Updated
Map
3204 Imperial Avenue # 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
28
Garage
No
View
Yes
View Description
City
County
San Diego
Water Source
None
Pool
No
Zoning
RM3-7RM2-5
Listed by Big Block Realty, Inc., John Dzula,
Listing Contact: 619-319-1487
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Data last updated 8:04 AM UTC, 8/23/2024
