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- LoopNet Team
10th Ave & E St
San Diego, CA 92101
Land For Sale
·
0.46 AC
INVESTMENT HIGHLIGHTS
- Zoned CCPD-R. Total of ±0.46 acre redevelopment site located in the heart of the rapidly multifamily developing East Village neighborhood.
- Close proximity to grocery locations, the trolley, Metropolitan Transit System (MTS) and numerous local eateries and amenities.
- The proposed development project is for a new micro-units housing choice in San Diego.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Hold For Development |
| Property Subtype | Residential | Total Lot Size | 0.46 AC |
| Zoning | CCPD-R, RTQOZ, TAOZ | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Hold For Development |
| Total Lot Size | 0.46 AC |
| Zoning | CCPD-R, RTQOZ, TAOZ |
DESCRIPTION
The proposed development project is for a new micro-units housing choice for San Diego’s fastest growing neighborhood. Starting about a decade ago, housing builders in other US cities began recognizing the latent demand for “micro-units,” defined as very small apartments ranging from approximately 290 to 550 square feet in size. With rental pressure on traditional multifamily units and demand from first-time renters both increasing, the desire for new, affordable housing options continues to grow in urban areas across the country. The site is zoned CCPD-R. Total of ±0.46 acre redevelopment site located in the heart of the rapidly multifamily developing East Village neighborhood. At completion the property will consist of a 16-story mixed use mid-rise residential building with approximately 265 residential micro-units ranging in size between 290 sf and 550 sf and approximately 5,608 SF of commercial space. Within minutes walking distance of grocery locations, the trolley, Metropolitan Transit System (MTS) and numerous local eateries and amenities. Residents would be well-connected to the rest of San Diego with immediate access to Interstate 5, Highway 94, and Highway 163.
