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Investment Highlights

  • Prime CC-3-4 zoned urban infill development opportunity minutes from Downtown San Diego with strong mixed-use and high-density potential
  • High-Density Residential Opportunity (Buyer to Verify) | Ground-Up Development Potential | Opportunity to Maximize Highest & Best Use
  • Close Proximity to Transit & Public Transportation | Walkable to Dining, Retail, and Amenities | Central Location Near Employment Hubs
  • Located in a High-Growth Corridor | Strong Redevelopment & Repositioning Potential | Ideal for Mixed-Use Development
  • Surrounded by Ongoing Development Activity | Strong Demand for Housing & Mixed-Use Projects | Excellent Accessibility to Major Freeways
  • Flexible Zoning Allows Multiple Use Configurations | Long-Term Appreciation Potential | Existing Improvements for Interim Use (Buyer to Verify)

Executive Summary

Prime Urban Infill Development Opportunity
Prime urban infill redevelopment opportunity located minutes from Downtown San Diego. Positioned within a high-growth corridor, this site offers strong potential for mixed-use or high-density residential development under CC-3-4 zoning (buyer to verify zoning, density, and permitted uses).
Surrounded by ongoing development and increasing demand for housing and mixed-use projects, the property is ideally suited for ground-up construction, repositioning, or long-term land banking. Excellent accessibility to major freeways, close proximity to public transportation, and walkability to dining, retail, and employment hubs further enhance its development appeal.
Existing improvements may provide interim use while planning redevelopment (buyer to verify), allowing investors to maximize flexibility and timing. This is a rare opportunity to capitalize on long-term appreciation and unlock highest and best use in one of San Diego’s most active and evolving urban markets.
CC-3-4 zoning supports high-density mixed-use development. Prime location, strong demand, and exceptional redevelopment upside.

Property Facts

Price $2,728,480 CAD
Price Per Unit $909,493 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 6,000 SF
No. Stories 2
Year Built/Renovated 2000/2018
Parking Ratio 1.33/1,000 SF
Zoning CC-3-4 - CC-3-4 zoning supports high-density mixed-use development near Downtown San Diego. Strong redevelopment potential (buyer to verify).

Amenities

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • On-Site Retail
  • Public Transportation
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 - -
2+1 1 - -
1+1 1 - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
535-230-03
Land Assessment
$54,484 CAD
Improvements Assessment
$19,188 CAD
Total Assessment
$73,672 CAD
  • Listing ID: 40217088

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 2226-2228 Market St, San Diego, CA 92102

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