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1028 Cesar Chavez Pky - Mixed Use Development Opportunity Lot • Terrain commercial • 0,16 Acres • 2 550 883 $ CAD • San Diego, CA 92113
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Located in a prime San Diego Opportunity Zone with potential tax benefits
- Five existing income-producing units generating strong cash flow
- CN 1-4 zoning allows mixed-use development and up to 65-foot height limit
RÉSUMÉ DE L'ANNONCE
Strategically positioned near major public transit, the property may qualify for Complete Communities and Bonus ADU programs, amplifying density potential. Future upside is even greater with pending SB-79 legislation, which could unlock additional unit capacity. Currently, five detached homes generate approximately $10,000 monthly, delivering strong interim cash flow during planning and entitlement phases. Recent capital improvements—nearly $100,000 in upgrades including new sewer, water, electrical service, and a full remodel—reduce development risk and enhance holding value.
Enjoy sweeping views of Downtown San Diego and Petco Park, with quick access to Coronado, Chicano Park, and the Navy Base. This rare urban infill site combines location, zoning flexibility, and income stability, making it an exceptional buy-and-hold or development play in one of Southern California’s trendiest markets.
BILAN FINANCIER (RÉEL - 2025) Cliquez ici pour accéder à |
ANNUEL (CAD) | ANNUEL PAR AC (CAD) |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Revenu net d’exploitation |
-
|
-
|
BILAN FINANCIER (RÉEL - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par AC | $9.99 |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par AC | $9.99 |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
FAITS SUR LA PROPRIÉTÉ
| Prix | 2 550 883 $ CAD | Sous-type de propriété | Terrain commercial |
| Type de vente | Investissement | Utilisation proposée | Commercial |
| Nombre de lots | 1 | Taille totale du lot | 0,16 AC |
| Type de propriété | Terrain | Zone de développement économique |
Oui
|
| Zonage | CN 1-4 - You can potentially build 35+ residential units plus ground floor commercial retail space with CN 1-4 zoning allowing up to a 65ft height. | ||
| Prix | 2 550 883 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Commercial |
| Taille totale du lot | 0,16 AC |
| Zone de développement économique |
Oui |
| Zonage | CN 1-4 - You can potentially build 35+ residential units plus ground floor commercial retail space with CN 1-4 zoning allowing up to a 65ft height. |
1 LOT DISPONIBLE
Lot
| Prix | 2 550 883 $ CAD | Taille du lot | 0,16 AC |
| Prix par AC | 15 873 569,11 $ CAD |
| Prix | 2 550 883 $ CAD |
| Prix par AC | 15 873 569,11 $ CAD |
| Taille du lot | 0,16 AC |
Once in a lifetime development opportunity in a highly desired opportunity zone in a fast growing neighborhood! You can potentially build 35+ residential units plus ground floor commercial retail space with CN 1-4 zoning allowing up to a 65ft height
DESCRIPTION
Once in a lifetime development opportunity in a highly desired opportunity zone in a fast growing neighborhood! You can potentially build 35+ residential units plus ground floor commercial retail space with CN 1-4 zoning allowing up to a 65ft height limit, this is a rare opportunity! On a corner lot, this property faces 2 streets and has alley access, which is key for a complete community development. Being so close to public transportation, this property may qualify for a complete community and Bonus ADU programs. This property could get even more exciting as SB-79 passes and hopefully being able to add even more units! Located in an opportunity zone, this property could provide substantial tax savings if bought through a QOF. Featuring 5 detached houses all roughly 350sqft each which gross about $10k a month, providing strong cash flow that can help with carrying costs as a potential developer goes through plans and permitting phases. Nearly $100k worth of upgrades has been invested into the property this year with new sewer line, new water lines, new electrical service, and a full remodel on one of the units. This could be a great buy and hold or development opportunity in one of San Diego's trendiest markets with views to Downtown San Diego and Petco Park and minutes to Coronado, Chicano Park, and the Navy Base.
Impôts fonciers
| Numéro de lot | 538-240-24 | Évaluation des bâtiments | 83 430 $ CAD |
| Évaluation du terrain | 333 779 $ CAD | Évaluation totale | 417 209 $ CAD |
Impôts fonciers
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1028 Cesar Chavez Pky - Mixed Use Development Opportunity
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