San Diego, CA 92102,2435 Imperial Avenue #0
San Diego, CA 92102,2435 Imperial Avenue #0
San Diego, CA 92102,2435 Imperial Avenue #0
$1,095,000
Est. payment /mo
$1,695,000
35.4%
Est.Price: ?

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7,013 Sqft Lot
SOLD DATE : 04/09/2024

Key Details

Sold Price $1,095,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 240001530

Sold Date 04/09/24

HOA Y/N No

Lot Size 7,013 Sqft

Acres 0.16

Property Description

We are excited to introduce a new development opportunity, “Imperial Avenue Apartments,” located at 2435 Imperial Avenue in the Logan Heights submarket of San Diego, California. This is a fully entitled and approved, permit ready project allowing for a streamlined construction process that will bypass the challenging permitting process in San Diego. The shovel-ready nature of this project enables developers to commence construction almost immediately, creating a prominent landmark in the heart of Logan Heights for years to come. Situated at 2435 Imperial Avenue, this project presents a unique chance for developers to address the high demand for housing in the supply-constrained market of Logan Heights. Carefully designed plans align with the neighborhood’s requirements and needs, as well as the Complete Communities Plan, making this a great development opportunity. Tenants will enjoy convenient access to essential retail within a short walking distance and have excellent connectivity to various transit options just a stone’s throw away. Imperial Avenue Apartments is a 37-unit project featuring a street-fronting ground-floor commercial space. The design includes a 4-story, 22,779 square-foot wood-framed structure with dedicated motorcycle and bicycle parking situated on a 7,013 square-foot lot. To align with Complete Communities guidelines, five of the 37 units are designated as affordable.

Location

State CA

County San Diego

Community Logan Heights

Area San Diego (92102)

Exterior

Fence Full

View Bay, City, Evening Lights, Ocean

Building

Lot Description Public Street, Sidewalks

Lot Size Range 4000-7499 SF

Sewer Sewer Available

Water Available

Others

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Erik M Anderson • NorthMarq Multifamily
Bought with Erik M Anderson • NorthMarq Multifamily
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+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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