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2575 Commercial St - 2575 Commercial St, San Diego, CA 92113-1153 Lot • Terrain commercial • 0,2 Acres • 1 420 210 $ CAD • San Diego, CA 92113



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Faits saillants de l'investissement
- Permits Paid & Issued providing a clear path to develop a 70-unit transit-oriented project in the heart of Logan Heights.
- Situated within an Opportunity Zone offering potential tax advantages for qualified investors.
- Potential Property Tax Abatement the property could qualify under California “Welfare Exemption”
- Excellent Site Layout situated on a flat 8,900 square foot corner lot.
- Efficient Unit Mix comprised of (42) studios and (28) one-bedroom floorplans.
- Strategically Located directly in front of the 25th & Commercial Trolley Station and is just one mile from Naval Base San Diego and Downtown.
Résumé de l'annonce
We are pleased to present 2575-2581 Commercial Street, an RTI 70-unit transit-oriented development project in the Logan Heights neighborhood of San Diego, CA. The permit-ready project calls for a 5-story buildout comprised of forty-two (42) studio units, and twenty-eight (28) one-bedroom / one-bathroom units. The project will be a high-quality home base for residents priced out of core downtown San Diego. This next-generation project maximizes efficiency, interior space, and land use, making it an ideal choice for its urban setting. It effectively combines economical housing with a high-end Class A feel, setting a new standard in quality and value.
2575-81 Commercial Street is centrally located in Logan Heights, directly adjacent to the 25th & Commercial Trolley station. This prime location offers tenants direct access to downtown San Diego (the region’s largest Tier 1 employment center), and San Diego’s ubiquitous entertainment venues like Balboa Park, East Village, PETCO Park, award-winning Convention Center, Gaslamp Quarter, and Little Italy. Additionally, the Trolley provides residents high-quality light rail transportation connections from downtown to UC San Diego, East County, South Bay, and the Mexico border.
The Logan Heights community is rich in cultural heritage, and burgeoning potential, and the asset is ideally located blocks away from the heart of Downtown San Diego, a Tier-1 employment center. A new Community Master Plan was recently adopted that aims to strengthen residents and businesses in the Greater Southeast San Diego neighborhoods. This, combined with the strategic economic expansion of Downtown San Diego, is expected to bring significant benefits to the submarket over the coming decades. As key economic milestones are achieved nearby, demand in the submarket is rising, presenting investors with an opportunity to capitalize on increasing rental momentum. Additionally, the Department of Defense's substantial increase in basic housing allowances for active-duty Sailors in San Diego, effective October 1, 2022, addresses rising housing costs. Given these positive developments, 2575-81 Commercial Street offers a unique opportunity for investors to establish a foothold in a rapidly improving neighborhood, promising substantial returns for years to come.
2575-81 Commercial Street is centrally located in Logan Heights, directly adjacent to the 25th & Commercial Trolley station. This prime location offers tenants direct access to downtown San Diego (the region’s largest Tier 1 employment center), and San Diego’s ubiquitous entertainment venues like Balboa Park, East Village, PETCO Park, award-winning Convention Center, Gaslamp Quarter, and Little Italy. Additionally, the Trolley provides residents high-quality light rail transportation connections from downtown to UC San Diego, East County, South Bay, and the Mexico border.
The Logan Heights community is rich in cultural heritage, and burgeoning potential, and the asset is ideally located blocks away from the heart of Downtown San Diego, a Tier-1 employment center. A new Community Master Plan was recently adopted that aims to strengthen residents and businesses in the Greater Southeast San Diego neighborhoods. This, combined with the strategic economic expansion of Downtown San Diego, is expected to bring significant benefits to the submarket over the coming decades. As key economic milestones are achieved nearby, demand in the submarket is rising, presenting investors with an opportunity to capitalize on increasing rental momentum. Additionally, the Department of Defense's substantial increase in basic housing allowances for active-duty Sailors in San Diego, effective October 1, 2022, addresses rising housing costs. Given these positive developments, 2575-81 Commercial Street offers a unique opportunity for investors to establish a foothold in a rapidly improving neighborhood, promising substantial returns for years to come.
Faits sur la propriété
| Prix | 1 420 210 $ CAD | Sous-type de propriété | Terrain commercial |
| Type de vente | Investissement | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 0,20 AC |
| Type de propriété | Terrain | Zone de développement économique |
Oui
|
| Zonage | CN-1-4 | ||
| Prix | 1 420 210 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 0,20 AC |
| Zone de développement économique |
Oui |
| Zonage | CN-1-4 |
1 Lot disponible
Lot
| Prix | 1 420 210 $ CAD | Taille du lot | 0,20 AC |
| Prix par AC | 7 101 050,02 $ CAD |
| Prix | 1 420 210 $ CAD |
| Prix par AC | 7 101 050,02 $ CAD |
| Taille du lot | 0,20 AC |
1 1
Moyennement accessible à pied
60/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun efficaces
80/100
Moyennement accessible en vélo
60/100
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2575 Commercial St - 2575 Commercial St, San Diego, CA 92113-1153
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