3204 Imperial Avenue, San Diego, CA 92102
  • MLS#: 240014475SD ( )
  • Street Address: 3204 Imperial Avenue
  • Viewed: 2
  • Price: $3,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 144
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92102
  • Subdivision: San Diego
  • Provided by: Big Block Realty, Inc.
  • Contact: John John
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Seize the chance to develop affordable housing in a prime location with the potential to construct over 100 units, leveraging the Complete Communities programs generous Floor Area Ratio of 6.5. This opportunity is within a stones 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, theres 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.) Discover the exceptional investment opportunity nestled in the heart of Grant Hill/Stockton, where a sprawling 0.60 acre TOD site at 3204 Imperial Avenue awaits. This prime piece of real estate boasts a generous 26,030 SF lot, zoned for Residential/Multi Family use within a Transit Priority Area and an Opportunity Zone, presenting an unparalleled chance for growth and development in a burgeoning community. The sites strategic location offers unmatched access to major transit lines, including bus routes that connect to UCSD Hospital, the vibrant Downtown San Diego, and the 32nd & Commercial Trolley Station, ensuring convenience and accessibility for future residents. The neighborhoods rich cultural tapestry and family oriented market, characterized by diverse demographics and a blend of single family homes and apartments, make it an ideal setting for a multi generational housing project that can cater to the needs of various family structures.
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Features
Association Fee
  1. 0.00
Country
  1. US
Days On Market
  1. 104
Current Use
  1. Commercial
Fencing
  1. Partial
Parcel Number
  1. 5453370900
Subdivision Name Other
  1. San Diego
Topography
  1. Slope Gentle
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/240014475
Zoning
  1. RM3-7RM2-5