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1746 Newton Ave
San Diego, CA 92113
Land For Sale
·
0.80 AC
Investment Highlights
- Approved Plans for 127 Unit Residential Development
- Minutes from Petco Park, the Gaslamp Quarter, Downtown San Diego, and major employment centers
- Opportunity Zone - Federal tax incentives for long-term local investment
Executive Summary
The subject property is located at 1746 Newton Avenue in San Diego, California, within the Complete Communities Housing Solutions Opportunity Area and the rapidly evolving Barrio Logan neighborhood. The property is situated approximately 1.5 miles south of Downtown San Diego and benefits from excellent regional access via Interstate 5, State Route 15, and State Route 94. Its central urban location provides convenient access to major employment centers, public transportation, the San Diego Bay waterfront, and Downtown amenities. The surrounding area is characterized by a mix of residential, commercial, and industrial uses and is experiencing ongoing revitalization and investment driven by the City's Complete Communities initiative, which encourages higher-density residential development near transit, jobs, and services.
Ideally located just minutes from Petco Park, the Gaslamp Quarter, Downtown San Diego, and major transit corridors, the site offers exceptional connectivity and access to the region's premier employment and entertainment destinations. With its on-going approvals, prime infill location, and strong surrounding fundamentals, the property presents a rare opportunity for developers to develop in one of San Diego's most active and supply-constrained multifamily markets.
Ideally located just minutes from Petco Park, the Gaslamp Quarter, Downtown San Diego, and major transit corridors, the site offers exceptional connectivity and access to the region's premier employment and entertainment destinations. With its on-going approvals, prime infill location, and strong surrounding fundamentals, the property presents a rare opportunity for developers to develop in one of San Diego's most active and supply-constrained multifamily markets.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.80 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | RM-3-7 - Residential Multifamily | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.80 AC |
| Opportunity Zone |
Yes |
| Zoning | RM-3-7 - Residential Multifamily |
1 Lot Available
Lot
| Price | $9,003,865 CAD | Lot Size | 0.80 AC |
| Price Per AC | $11,254,831.55 CAD |
| Price | $9,003,865 CAD |
| Price Per AC | $11,254,831.55 CAD |
| Lot Size | 0.80 AC |
The subject property consists of approximately 0.80 acres (±34,666 square feet) and is currently improved as a flat, vacant parcel with fully approved plans for a 127-unit multifamily development.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $7,349,980 CAD | Total Assessment | $7,349,980 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$7,349,980 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,349,980 CAD
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