Share This Listing

Message

969 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Located in an Opportunity Zone, offering potential tax benefits for qualified investors.
  • Eight contiguous parcels totaling approximately 1.09 acres in a high-demand urban area.
  • Situated in a rapidly transforming neighborhood with strong housing demand and growth potential.
  • Includes architectural plans for a 41-unit residential development, reducing time to market.
  • Excellent access to Interstates 5 and 15, Downtown San Diego, and major employment centers.

Executive Summary

Rare multi-parcel development opportunity in an Opportunity Zone (QOZ) offering potential substantial tax benefits. This offering includes 8 contiguous parcels of land in an area that is nearly fully built out, making opportunities like this increasingly scarce. The sale includes architectural plans for a 40-unit residential project, allowing a buyer to move forward with a clear development vision already in place. Surrounded by established properties, this site sits in an up-and-coming pocket of San Diego benefiting from strong demand for housing and ongoing neighborhood growth. With infrastructure in place and a high density potential, this is an ideal acquisition for a builder or developer seeking scale in a supply-constrained market. A compelling opportunity to develop a sizable residential project in a location where new land offerings are limited positioned for long-term value and rental demand. 8 APNs included in sale are: 545-671-04, 545-671-05, 545-671-06, 545-671-12, 545-671-13, 545-671-14, 545-671-36, and 545-671-37. The contact LA 1 with any questions/if you'd like a copy of the architectural plans. Architectural plans include a mix of studios, 1-bed, and 2-bed units.

Property Facts

Price $2,300,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
  • Single Family Development
  • Single Family Residence
Total Lot Size 1.09 AC
Opportunity Zone Yes
Zoning R-4 - High-density residential areas allowing for apartments, condominiums, etc.

1 Lot Available

Lot

Price $2,300,000
Price Per AC $2,110,091.74
Lot Size 1.09 AC

Multi-parcel high density development opportunity in a supply-constrained San Diego neighborhood includes 8 contiguous parcels of land in an area that is nearly fully built out. Sale includes architectural plans for a 40-unit residential project.

Description

This rare multi-parcel development opportunity is located in the heart of San Diego’s rapidly evolving Logan Heights neighborhood. Spanning approximately 1.09 acres across eight contiguous parcels, the site offers exceptional potential for a high-density residential project in a market where land availability is increasingly scarce. The property is positioned within an Opportunity Zone, providing significant tax advantages for qualified investors and developers. Architectural plans for a 41-unit residential development are included, allowing a buyer to move forward with a clear vision and reduced entitlement risk. The surrounding area is nearly fully built out, underscoring the rarity of this offering and its long-term value proposition. With infrastructure already in place and zoning that supports multifamily development (RM-1-1), this site is ideally suited for builders seeking scale in a supply-constrained market. The property benefits from excellent connectivity to major transportation routes, including Interstates 5 and 15, and is just minutes from Downtown San Diego, the Port of San Diego, and San Diego International Airport. Residents will enjoy proximity to employment hubs, educational institutions, and cultural amenities, making this an attractive location for future tenants or buyers. This is a compelling opportunity to capitalize on strong housing demand, neighborhood revitalization, and the economic incentives of an Opportunity Zone. Whether for build-to-rent or for-sale housing, this site offers a strategic entry point into one of San Diego’s most dynamic submarkets.

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 545-671-05
  • 545-671-13
  • 545-671-14
  • 545-671-12
  • 545-671-37
  • 545-671-06
  • 545-671-04
  • 545-671-36
Land Assessment
$1,407,151
Improvements Assessment
$0
Total Assessment
$1,407,151
  • Listing ID: 39393375

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 0 32nd st, San Diego, CA 92113

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}