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$2,900,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Com-Lnd/Rn/Grv
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250022033
HOA Fees $4,833,000
HOA Y/N Yes
Acres 0.6
Lot Dimensions 80x320
Property Sub-Type Com-Lnd/Rn/Grv
Property Description
Nestled in the heart of Grant Hill/Stockton, where a sprawling 0.60-acre TOD site at 3204 Imperial Avenue awaits, lies your investment opportunity. This generous 26,030 SF lot, zoned for Residential/Multi-Family use within a Transit Priority Area and an Opportunity Zone, is a prime piece of real estate here in “America's Finest City!” 3 parcels = APN No. 545-337-09, 545-337-10, 545-337-11 Complete Communities near Commercial Trolley Station; under the Transit Priority Overlay. 3 APNs; 26k square feet; Tier 3 incentives=build up to 169,195 SF. (100+ units? Defer low income requirement by up to 5 years & on a different location; Buyer to verify w city & zoning depts) Opportunity Zone; RM3-7 & RM2-5 zoning = 1 unit per 1,000-1,500 square feet. Growth & development is perfectly staged at 3204 Imperial, presenting an exciting and flourishing future in this burgeoning community. The site's 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 & accessibility for future residents. A Short <6 mile drive to the highly anticipated CHULA VISTA BAYFRONT MASTER PLAN to include the Gaylord Hotel and Convention Center! The neighborhood's rich cultural tapestry and family-oriented market, characterized by diverse demographics and a blend of single-family homes & apartments, make it an ideal setting for a multi-generational housing project that can cater to the needs of various family structures. See supplement for more.
Location
State CA
County San Diego
Area San Diego (92102)
Building
Lot Size Range .5 through .75 Acres
Others
Monthly Total Fees $1
Acceptable Financing Cash, Cash to New Loan, Owner May Carry 2nd, Submit, Other/Remarks
Listing Terms Cash, Cash to New Loan, Owner May Carry 2nd, Submit, Other/Remarks
Virtual Tour https://youtu.be/DX0Ga6OgJHk?si=_HJXveBVrbC0Apw0
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Listed by Spencer Lugash • TXR Homes, Inc.
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