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$ 1,200,000
Est. payment | /mo
$ 1,200,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 250044577SD
HOA Y/N No
Property Description
Building plans are completed and permits are ready to issue, presenting a shovel-ready redevelopment across two combined parcels currently occupied by two single-family homes slated for demolition. Approved plans call for 11 newly constructed units—a new 2-bed/2-bath single-family residence plus 10 additional units, featuring a mix of efficient 2-bed units (~600–750 sq ft) and larger 4-bed units (~1,100–1,200 sq ft) totaling ~8,469 buildable sq ft. This diversified unit mix supports strong rentability across multiple tenant profiles while maximizing yield on cost. The property is located in an Opportunity Zone—offering potential tax advantages for qualified investors—and within the SDA Overlay. With completed plans and permits ready to issue, investors can bypass entitlement delays and move directly into construction. Building plans attached in Documents Section. Buyer responsible for remaining construction and permitting fees.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Interior
Fireplace No
Exterior
Fence None
Utilities Available See Remarks
View Y/N No
Building
Water See Remarks
Others
Senior Community No
Tax ID 5386000700
Virtual Tour https://www.propertypanorama.com/instaview/snd/250044577
Listed by Daniel Sipher LANDMARK MULTIFAMILY AND DEVEL
279 e Arrow Hwy Suite 103, Dimas, CA, 91773, Unite States