2460 Jefferson St - Old Town | Vacant Lot | Development
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2460 Jefferson St - Old Town | Vacant Lot | Development
0.11 Acres of Commercial Land Offered at £601,125 in San Diego, CA 92110
Investment Highlights
- The property boasts OTRM-2-2 zoning, allowing for medium-density residential development, making it an ideal canvas for your multifamily project vi
- TPA Site: San Diego’s zoning codes may allow developers in TPAs to provide fewer parking spaces per unit or square footage of commercial space.
- CCHS Site: San Diego’s Complete Communities overlay zoning allows for an increased Floor Area Ratio (FAR) of 6.5 and waives density, parking and heigh
Executive Summary
Welcome to an exciting investment opportunity in the heart of San Diego’s Old Town neighborhood, California. This development project offers a prime location in this unique blend of history, culture, and entertainment.
Key Features:
OTRM-2-2 Zoning: The property boasts OTRM-2-2 zoning, allowing for medium-density residential development, making it an ideal canvas for your multifamily project vision.
Lot Size: With a lot size of ±4,766 square feet, there is ample space to create a well-designed and spacious living environment for future residents.
Units: This project has a base density of 1 unit per 1,000 SF
CCHS Site: San Diego’s Complete Communities overlay zoning allows for an increased Floor Area Ratio (FAR) of 6.5 and wavies density, parking and height restrictions.
TPA Site: San Diego’s zoning codes may allow developers in TPAs to provide fewer parking spaces per unit or square footage of commercial space. This reduction can significantly lower construction costs, as building and maintaining parking facilities can be expensive.
This is a remarkable opportunity for developers and investors to create a thriving multifamily residential development in Old Town’s charming setting.
Key Features:
OTRM-2-2 Zoning: The property boasts OTRM-2-2 zoning, allowing for medium-density residential development, making it an ideal canvas for your multifamily project vision.
Lot Size: With a lot size of ±4,766 square feet, there is ample space to create a well-designed and spacious living environment for future residents.
Units: This project has a base density of 1 unit per 1,000 SF
CCHS Site: San Diego’s Complete Communities overlay zoning allows for an increased Floor Area Ratio (FAR) of 6.5 and wavies density, parking and height restrictions.
TPA Site: San Diego’s zoning codes may allow developers in TPAs to provide fewer parking spaces per unit or square footage of commercial space. This reduction can significantly lower construction costs, as building and maintaining parking facilities can be expensive.
This is a remarkable opportunity for developers and investors to create a thriving multifamily residential development in Old Town’s charming setting.
Property Facts Under Contract
| Price | £601,125 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land |
| Price | £601,125 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.11 AC |
1 Lot Available
Lot
| Price | £601,125 | Lot Size | 0.11 AC |
| Price Per AC | £5,494,141.56 |
| Price | £601,125 |
| Price Per AC | £5,494,141.56 |
| Lot Size | 0.11 AC |
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Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (70)
zoning
| Zoning Code | OTRM-2-2 |
| OTRM-2-2 |
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2460 Jefferson St - Old Town | Vacant Lot | Development
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