3204 Imperial Avenue

San Diego, CA 92102

$3,300,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

calendar_month Built

Property Description

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 zoning allowing for a density of 1 unit per 1,000 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. 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 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 and accessibility for future residents. The neighborhood’s 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information

Listing Information

Address 3204 Imperial Avenue
City San Diego
State CA
Zip 92102
County San Diego
Listing Agent John Dzula DRE#02046125
Courtesy Of Big Block Realty, Inc.
MLS 240014475SD
List Price $3,300,000
Status Active
Type Land
Structure Size N/A
Lot Size 26,030
DOM 4

Exterior Information

Maps

Listing information courtesy of: John Dzula, Big Block Realty, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 27th, 2024 at 9:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.