For more information regarding the value of a property, please contact us for a free consultation.
2435 Imperial Avenue #0 San Diego, CA 92102
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
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
Read Less
Bought with Erik M Anderson • NorthMarq Multifamily