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Riley St - 26 UNIT DEVELOPMENT (NEAR USD)

0.11 Acres of Residential Land Offered at £1,817,023 in San Diego, CA 92110

Executive Summary

The subject property is located at Riley Street in San Diego, California. This property is in close proximity to Interstate 5 and Interstate 8, less than 0.5 miles to the University of San Diego, and approximately 2.2 miles to SeaWorld San Diego.
The subject property encompasses a single parcel spanning approximately 4,995 square feet. The sellers have developed a conceptual site plan envisioning the construction of 26 units, comprising 23 market-rate apartments and 3 affordable housing options. The units will vary in size, ranging from cozy 365 square-foot studios to more spacious 585 square-foot one-bedroom apartments. The proposed design includes 21 studios and 5 one-bedroom units, catering to a diverse range of residents. Situated in an excellent location, this property offers easy access to major freeways, popular attractions, and nearby colleges, making it an ideal spot for those seeking convenience and community

Property Facts

Price £1,817,023
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.11 AC

1 Lot Available

Lot

Price £1,817,023
Price Per AC £16,518,390
Lot Size 0.11 AC

zoning

Zoning Code R-4 (Multifamily Residential)
R-4 (Multifamily Residential)
  • Listing ID: 33870220

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: Riley St, San Diego, CA 92110

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