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3204 Imperial Avenue

San Diego, CA 92102
  • $3,445,000
  • STATUS: Active
  • ON SITE: 175 Days
  • ID#: PTP2201220
UPDATED: 9 min ago
$3,445,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Mike Habib of Coldwell Banker Realty (619-460-6600)


Description

Assemblage of three parcels, consisting of 26,030 square feet, on the signalized corner of Imperial Avenue and 32nd Street. Four bus stops serve the intersection. Property is one block away from the 32nd & Commercial Trolley Station. Immediate neighborhood includes several community churches and single family homes. Site is optimal for multi-family affordable housing. Yield Analysis by M + C Urban Studio indicates a by right yield of 54 units under AB 1763 and SB 35. With additional incentives, the site might accommodate up to 60 units with a 5 story structure. Due to single family residences in area, a multi-story development can have 360 degree views, including views of downtown and the Coronado Bridge to the west. Located in San Diego's Opportunity & transit oriented development zone. Please reveiw the marketing brochure for yield analysis details. All yield projections are subject to verification by City of San Diego.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T00:30:54.763. 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 Millman Team. Licensed in the State of California, USA.
www.millmanteam.com/homes/126090640
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3204 Imperial Avenue San Diego, CA 92102

  • Price: $3,445,000
  • Status: Active
  • On Site: 175 Days
  • Updated: 9 min ago
  • ID#: PTP2201220
0
Beds
0
Baths
0
½ Baths
0.6
Acres
Neighborhood:
92102 - San Diego
County:
San Diego
Area:
92102 - San Diego
Property Description
Assemblage of three parcels, consisting of 26,030 square feet, on the signalized corner of Imperial Avenue and 32nd Street. Four bus stops serve the intersection. Property is one block away from the 32nd & Commercial Trolley Station. Immediate neighborhood includes several community churches and single family homes. Site is optimal for multi-family affordable housing. Yield Analysis by M + C Urban Studio indicates a by right yield of 54 units under AB 1763 and SB 35. With additional incentives, the site might accommodate up to 60 units with a 5 story structure. Due to single family residences in area, a multi-story development can have 360 degree views, including views of downtown and the Coronado Bridge to the west. Located in San Diego's Opportunity & transit oriented development zone. Please reveiw the marketing brochure for yield analysis details. All yield projections are subject to verification by City of San Diego.
Exterior Features

Lot Features Corner LotSloped DownIrregular LotOver 40 Units/AcreNear Public Transit Parking Total 0 Road Frontage Type City Street Road Surface Type Paved View YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Community Features CurbsStreet LightsSidewalks Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Utilities Overhead Utilities Water Source Public Zoning Rm 3-7 Zoning Description Residential/MultifamilyTransit Priority AreaOpportunity Zone



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T00:30:54.763. 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 Millman Team. Licensed in the State of California, USA.
 
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Millman Team
21250 Hawthorne Blvd. Suite 750
Torrance CA, 90503
Listing Agent(s): Mike Habib of Coldwell Banker Realty (619-460-6600)