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1460 India St
San Diego, CA 92101
Land For Sale
·
0.23 AC
Investment Highlights
- Existing parking operation provides current in-place income.
- CCPD-ER zoning supports employment and residential mixed-use development.
- Close to the waterfront, transit connections, and Downtown attractions.
- Located in the center of San Diego's Little Italy district.
- Complete Communities Tier 1 designation allows no FAR limit per offering.
- Landlord termination right provides redevelopment flexibility.
Executive Summary
Positioned within one of Downtown San Diego’s most active mixed-use districts, the site benefits from proximity to the waterfront, Seaport Village, the Gaslamp Quarter, Petco Park, Balboa Park, San Diego International Airport, and the Santa Fe Depot transit hub. The surrounding neighborhood is known for its walkability, established dining scene, residential density, and continued investment activity, supporting long-term demand for new mixed-use development.
The property is designated CCPD-ER (Employment/Residential Mixed-Use) and is located within the Complete Communities Housing Solutions Tier 1 area. According to the offering materials, the site benefits from no Floor Area Ratio limitation under the applicable Tier 1 designation, offering flexibility for future planning and building design. The parcel is also identified with a Multiple Use land use designation and an Adequate Sites Inventory potential of 123 units, subject to buyer verification and applicable approvals.
For investors seeking current income combined with redevelopment optionality, 1460 India Street offers a rare opportunity to control a strategically located downtown parcel within one of San Diego’s most recognized urban neighborhoods.
Property Facts
1 Lot Available
Lot
| Price | $11,000,000 | Lot Size | 0.23 AC |
| Price Per AC | $47,901,688.32 |
| Price | $11,000,000 |
| Price Per AC | $47,901,688.32 |
| Lot Size | 0.23 AC |
Income-producing Little Italy land opportunity with CCPD-ER zoning, Tier 1 designation, redevelopment flexibility, and proximity to Downtown San Diego, the waterfront, transit, dining, and entertainment destinations.
Description
1460 India Street is a ±10,003-square-foot parcel located in the Little Italy submarket of Downtown San Diego. The property is currently operated as a surface parking lot and is leased to Diamond Parking Services, LLC under a five-year lease term running from July 1, 2026 through June 30, 2031, with month-to-month renewal provisions. The site is zoned CCPD-ER (Employment/Residential Mixed-Use) and is located within the Complete Communities Housing Solutions Tier 1 area. The parcel is situated near Downtown San Diego, the waterfront, regional transit services, Interstate 5 access, and San Diego International Airport.
Property Taxes
| Parcel Number | 533-324-16 | Improvements Assessment | $11,153 |
| Land Assessment | $7,909,029 | Total Assessment | $7,920,182 |
Property Taxes
