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Investment Highlights

  • Three-parcel portfolio totaling 10,636 square feet with two vacant lots and one fourplex.
  • Corner lot assemblage in Logan Heights with strong visibility and access to I-5, I-805, and Downtown San Diego.
  • Flexible acquisition options with seller willing to consider sales of individual APNs.
  • RM-2-5 zoning combined with Complete Communities Tier 3 overlay supporting higher FAR and increased development potential.
  • Provides immediate income from existing residential units while pursuing long-term redevelopment strategy.
  • Convenient access to public transit and proximity to key area amenities, retail corridors, and employment centers.

Executive Summary

This portfolio offers a rare opportunity to acquire three adjoining parcels in San Diego’s centrally located Logan Heights neighborhood. The combined 10,636 square feet includes two vacant lots and an existing four-unit residential building, providing both immediate operational income and long-term development potential. The property’s RM-2-5 zoning, paired with a Complete Communities Tier 3 overlay, allows for substantially increased density with a FAR up to 6.5, making this bundle ideal for investors aiming to scale multifamily holdings in a growing urban market.
Strategically positioned along National Avenue with excellent frontage, this site benefits from outstanding connectivity to major freeways, including I-5, I-805, and I-15, as well as proximity to Downtown San Diego, Coronado Bridge, and regional employment hubs. The existing fourplex offers a strong foundation for cash flow, while the adjacent lots provide a pathway for phased redevelopment or future new construction.
This portfolio represents an excellent entry or expansion opportunity for developers and investors focused on urban infill, adaptive reuse, and high-density residential projects. Components of the portfolio can be sold individually or as a complete assemblage, delivering maximum flexibility for your investment strategy.

Property Facts

Price $1,356,642 CAD
Price / SF $672.60 CAD / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 2,017 SF
Total Land Area 0.41 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3794 National Ave, San Diego, CA 92113 Land 0.16 AC - $338,142 - $676,284 CAD
3784-3794 National Ave, San Diego, CA 92113 Retail 2,017 SF 1935 $677,642 CAD
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  • Listing ID: 40366527

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: 3 APNS: 2 Lots + 1 FOURPLEX!, San Diego, CA

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