16th St
National City, CA 91950
Land For Sale
·
1.71 AC
Investment Highlights
- RM 1-1 zoning (1 du per 1,900 sf) permits appx 40 units or up to 70 units as a Mixed Income Project
- Close proximity to Naval Base San Diego, Coronado Island, San Diego and Chula Vista Bayfront
- Previously approved TM has expired, but engineering reports available
- Easy access to freeways and transit as well as walking distance to shops and retail along E Plaza Blvd near newly revitalized urban core
- High demand rental market
- Call Broker for Link to DD
Property Facts
| Property Type | Land | Total Lot Size | 1.71 AC |
| Property Subtype | Residential | Cross Streets | M Avenue |
| Proposed Use | |||
| Zoning | RM-1 - RM-1 allows 1 unit per 1,900sf with a 45' max height allowance | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.71 AC |
| Cross Streets | M Avenue |
| Zoning | RM-1 - RM-1 allows 1 unit per 1,900sf with a 45' max height allowance |
Description
1.77 AC Multifamily Development Site in National City located 5 miles south of downtown San Diego and located with in an OPPORTUNITY ZONE. The site is zoned RM-1 (1 du per 1,900 sf) allowing 40 units by right and up to 70 units as a Mixed Income Project. Centrally located near transit and retail with direct access to the 24th Street Transit Center as well as the 5, 805 and 54 Freeways. Walking distance to National City's newly revitalized downtown urban core as well as shops and retail along E Plaza Blvd. Close proximity to Naval Base San Diego, Coronado Island, San Diego Bayfront and the Chula Vista Bayfront Redevelopment Project that is currently underway. Call Broker for link to DD and access to engineering package. Previously approved TM has expired.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,377,000 | Total Assessment | $1,377,000 |
Property Taxes
