Description
Assemblage of three parcels, consisting of 26,030 square feet, on the signalized corner of Imperial Avenue and 32nd Street. Four bus stops serve the intersection. Property is one block away from the 32nd & Commercial Trolley Station. Immediate neighborhood includes several community churches and single family homes. Site is optimal for multi-family affordable housing. Yield Analysis by M + C Urban Studio indicates a by right yield of 54 units under AB 1763 and SB 35. With additional incentives, the site might accommodate up to 60 units with a 5 story structure. Due to single family residences in area, a multi-story development can have 360 degree views, including views of downtown and the Coronado Bridge to the west. Located in San Diego's Opportunity & transit oriented development zone. Please reveiw the marketing brochure for yield analysis details. All yield projections are subject to verification by City of San Diego.
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0BEDS
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0.6ACRES
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01/2 BATHS
School Ratings & Info
Description
Assemblage of three parcels, consisting of 26,030 square feet, on the signalized corner of Imperial Avenue and 32nd Street. Four bus stops serve the intersection. Property is one block away from the 32nd & Commercial Trolley Station. Immediate neighborhood includes several community churches and single family homes. Site is optimal for multi-family affordable housing. Yield Analysis by M + C Urban Studio indicates a by right yield of 54 units under AB 1763 and SB 35. With additional incentives, the site might accommodate up to 60 units with a 5 story structure. Due to single family residences in area, a multi-story development can have 360 degree views, including views of downtown and the Coronado Bridge to the west. Located in San Diego's Opportunity & transit oriented development zone. Please reveiw the marketing brochure for yield analysis details. All yield projections are subject to verification by City of San Diego.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-17T12:32:25.16. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.