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1830 Columbia St 0.11 Acres of Residential Land Offered at $4,500,000 in San Diego, CA 92101
INVESTMENT HIGHLIGHTS
- Irreplaceable Location in Heart of Little Italy
- Mixed Use Zoning Allows for High Density Residential + Other Commercial Uses
EXECUTIVE SUMMARY
The property is located on Columbia Street just south of W Fir St and is immediately adjacent to India St which is the main entertainment thoroughfare in the prestigious submarket of Little Italy. Existing improvements consist of a 3 Bed / 2 Bath single-family house that is approximately 1,310 sf with a single car garage and large back yard.
In the Heart of Little Italy
Over 100 restaurants, Bars, and Cafes are within immediate walking distance of the property. Award winning Born & Raised Steakhouse is directly behind the property along with many of the best Italian Restaurants Little Italy has to offer. The famous Piazza de Famiglia is also located just a few doors down from the property.
Ideal Zoning for Development
1830 Columbia is located within the Little Italy planned district of the Downtown Community Plan and has a CCPD-NC (Neighborhood Mixed-Use Center) zoning designation.
This district supports a mix of residential and non-residential developments that contain active commercial uses on the ground floor. A broad array of compatible uses, including retail, eating and drinking establishments, residential, office, educational, indoor recreation, and cultural uses are permitted.
High Density Residential Development Potential
The base zoning allows for a minimum FAR of 3.5 with a maximum of 6.0. The property falls within the Complete Communities Housing (CCHS) Tier 1 overlay which allows for an unlimited FAR.
In the Heart of Little Italy
Over 100 restaurants, Bars, and Cafes are within immediate walking distance of the property. Award winning Born & Raised Steakhouse is directly behind the property along with many of the best Italian Restaurants Little Italy has to offer. The famous Piazza de Famiglia is also located just a few doors down from the property.
Ideal Zoning for Development
1830 Columbia is located within the Little Italy planned district of the Downtown Community Plan and has a CCPD-NC (Neighborhood Mixed-Use Center) zoning designation.
This district supports a mix of residential and non-residential developments that contain active commercial uses on the ground floor. A broad array of compatible uses, including retail, eating and drinking establishments, residential, office, educational, indoor recreation, and cultural uses are permitted.
High Density Residential Development Potential
The base zoning allows for a minimum FAR of 3.5 with a maximum of 6.0. The property falls within the Complete Communities Housing (CCHS) Tier 1 overlay which allows for an unlimited FAR.
PROPERTY FACTS
| Price | $4,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Zoning | C | ||
| Price | $4,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.11 AC |
| Zoning | C |
1 LOT AVAILABLE
Lot
| Price | $4,500,000 | Lot Size | 0.11 AC |
| Price Per AC | $40,909,090.91 |
| Price | $4,500,000 |
| Price Per AC | $40,909,090.91 |
| Lot Size | 0.11 AC |
CBRE is pleased to present for sale 1830 Columbia St, an extremely rare opportunity to acquire a land parcel in the heart of Little Italy for future redevelopment.
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (70)
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1830 Columbia St
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