• Broker Tony Franco (858) 717-1697
  • Broker Sarkis Kitsinian 6197876377

4481 Estrella Ave - Talmadge Development Opportunity 0.87 Acres of Residential Land Offered at £4,271,967 in San Diego, CA 92115

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INVESTMENT HIGHLIGHTS

  • Asking Price: $5,670,250.00
  • Zoned RM-1-2 (Multi Family Development)
  • Less Than 2 Miles from SDSU
  • Lot Size: 37,801 SqFt ($150/SF!!!!!!!!!!)
  • Current Configured as Two Parcels of Land (One 6,438 SF and One 31,363 SF)
  • Zoned RM-1-2 and Located within Talmadge Submarket of San Diego

EXECUTIVE SUMMARY

The property is currently occupied by a charter school within the San Diego Unified School District. The school plans on vacating in the summer.

PROPERTY FACTS

Price £4,271,967
Sale Type Investment or Owner User
Sale Condition Development Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Schools
  • Single Family Residence
Total Lot Size 0.87 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning RM-1-2

1 LOT AVAILABLE

Lot

Price £4,271,967
Price Per AC £4,922,800.06
Lot Size 0.87 AC

This is two parcels of land. The larger parcel is 31,363 SF and the smaller parcel is 6,438 SF.

DESCRIPTION

The Franco Realty Group is proud to exclusively present for sale the property located at 4481 Estrella Avenue San Diego, CA 92115. This is an opportunity to develop a 37,801 sf lot into a multi family property. The property is zoned RM-1-2, is walking distance to El Cajon Boulevard and is centrally located in the Talmadge submarket of San Diego. The property is currently occupied by the San Diego Unified Charter School and was previously used as a church. The school will be vacating in the summer, which enables a developer ample time to obtain permits for a development. There are two lots that are for sale. The larger lot with the former church is 31,363 sqft. The smaller lot is

LINKS

Walk Score®
Very Walkable (86)

MAP

ADDITIONAL PHOTOS

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View Photo 01 - Tony Franco Realty Group Commercial Real Estate For Sale Sold Property Management (110)
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