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1771 Kettner Blvd 0.11 Acres of Commercial Land in San Diego, CA 92101
Investment Highlights
- Asset Type: Small multifamily, stabilized
- Submarket: High-barrier, supply-constrained urban infill
- Comparable Activity: 27-story, 153-unit tower proposed immediately adjacent
- Income Profile: Stable in-place rental income
- Redevelopment Upside: Higher-density residential or condo conversion optionality
- Underwriting Basis: Rental performance — upside is additive
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 0.11 AC |
| Zoning | CCPD - NC - Commercial Planned District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.11 AC |
| Zoning | CCPD - NC - Commercial Planned District |
1 Lot Available
Lot
| Lot Size | 0.11 AC |
| Lot Size | 0.11 AC |
Infill parcel with frontage along Kettner Blvd. Flat, developable site with strong accessibility. Existing multifamily generates rental income with no immediate capital requirement.
Description
1765–1771 Kettner Blvd delivers near-term income and long-term optionality in one of San Diego's most supply-constrained urban submarkets. The ~0.11-acre property operates as small multifamily residential along Kettner Boulevard, generating stable rental income on a well-located infill parcel with meaningful redevelopment potential. The thesis is straightforward: hold a cash-flowing asset in a high-barrier submarket and retain the option to redevelop into higher-density residential or condominiums when entitlement timing, construction costs, and market conditions align. That optionality is anchored by real submarket conviction — directly adjacent, The Abraham Companies is advancing Aprés Little Italy, a proposed 27-story, 153-unit mixed-use tower at 1844 India Street. The asset is underwritten on its rental merits. Redevelopment potential represents additional upside — not a prerequisite for the investment to perform.
Property Taxes
| Parcel Number | 533-232-02 | Improvements Assessment | $50,512 CAD |
| Land Assessment | $71,512 CAD | Total Assessment | $122,024 CAD |
Property Taxes
Presented by
1771 Kettner Blvd
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