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2827-2829 Broadway - NEW PRICE! Multi-Family Development Site

0.2 Acres of Residential Land Offered at £1,337,355 in San Diego, CA 92102

Investment Highlights

  • Outstanding multifamily development opportunity in prime Central San Diego location
  • Cleared Historical Review
  • Proximity to Balboa Park and Downtown with convenient access to Hwy 94, Hwy 163, I-5, and I-15
  • Located in an Opportunity Zone and Complete Communities Tier 3 with FAR of 6.5
  • Walking distance to top ranked restaurants, parks, cafes, shops, farmers market, schools, and entertainment

Executive Summary

NEW PRICE REDUCTION UNDER $200/SF! CBRE is pleased to offer for sale an outstanding multifamily development opportunity in Golden Hill (92102), one of central San Diego's strongest housing markets. The site has cleared Historical Review, is located in an Opportunity Zone, and is Complete Communities Tier 3 with an FAR of 6.5. The base zoning is RM-3-7 (1,000 SF/DU). There are no existing improvements on site.
Golden Hill is one of central San Diego’s premier residential neighborhoods offering a vibrant urban lifestyle while still maintaining a sense of tranquility. The area is thriving with new construction along with renovation of existing buildings, offering a unique blend of historic charm and contemporary urban living. Residents are walking distance to top ranked restaurants, parks, trendy cafés, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diego’s preeminent recreational destination. Golden Hill also feature numerous convenient thoroughfares, allowing easy access to Downtown, South Park and North Park, along with Hwy 94, I-5, and I-15. As a result, Golden Hill has become a magnet for young professionals, families, and high net worth individuals, making it ideal for real estate investment and development.

Property Facts

Price £1,337,355
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.20 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £1,337,355
Price Per AC £6,706,021
Lot Size 0.20 AC

PRICE REDUCED! MOTIVATED SELLER! UNDER $200/SF! Outstanding Multi-Family Development Opportunity in Golden Hill, one of central San Diego's strongest housing markets. Located in Opportunity Zone and is Complete Communities Tier 3, FAR of 6.5.

Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM-3-7
RM-3-7
  • Listing ID: 29300393

  • Date on Market: 17/08/2023

  • Last Updated:

  • Address: 2827-2829 Broadway, San Diego, CA 92102

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