2547 Commercial Street, San Diego, CA 92113 - Berkshire Hathaway HomeServices California Properties

2547 Commercial Street, San Diego, CA 92113

$1,500,000 Approx. USD 0 beds, 0 baths

Listing Agent


Frank Karako | frank@karakogroup.com
Lic#: 01928210
Broker: Courtesy of LPT Realty, Inc.

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# PTP2406048
Price: $1,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.12 acres
Lot size: 0.1181
County: San Diego
Zoning: CN-1-4
Lot description: Level,Near Park,Over 40 Units/Acre,Near Public Transit,Street Level,Tear Down,Value In Land
MLS area: 92113 - Logan Heights

Last Updated: 12/19/2024

 Days On Market (DOM): 214

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This listing belongs to the 92113 - Logan Heights MLS area

Lat/Long: 32.705000, -117.138997.
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Source: CRM. Also Available in PTP2405878,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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