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2104 G Ave - 17 Units Approved & Permit-Ready 0.15 Acres of Residential Land Offered at $1,195,000 in National City, CA 91950



Investment Highlights
- 6,371 sq. ft. parcel, an established infill site with existing utilities and access
- Designed as a wood-frame Type V-B structure over a Type II-B at-grade parking podium
- Diverse mix of studios and one-beds
- Undersupplied rental submarket with consistently low vacancy and strong rent growth
Executive Summary
2104 G Avenue presents a rare opportunity to acquire a fully entitled, permit-ready multifamily development site in National City. Designed through Construction Document (CD) stage by GTC Design, the approved project allows a buyer to proceed directly toward permit issuance and construction.
The approved plans call for the demolition of an existing single-family residence and development of a new 17-unit, three-story multifamily community totaling approximately 11,646 gross square feet, including covered at-grade parking. Leveraging RM-3 zoning and Density Bonus incentives, the project delivers a highly efficient unit mix designed to appeal to a broad renter base while providing the parking and modern amenities today’s tenants demand.
Located minutes from Downtown San Diego, Naval Base San Diego, Chula Vista, and major South Bay employment centers, the property benefits from strong multifamily fundamentals and long-term housing demand. With entitlements complete, construction documents finalized, and a clear path to development, 2104 G Avenue offers investors and developers the ability to significantly reduce predevelopment risk and accelerate project delivery.
The approved plans call for the demolition of an existing single-family residence and development of a new 17-unit, three-story multifamily community totaling approximately 11,646 gross square feet, including covered at-grade parking. Leveraging RM-3 zoning and Density Bonus incentives, the project delivers a highly efficient unit mix designed to appeal to a broad renter base while providing the parking and modern amenities today’s tenants demand.
Located minutes from Downtown San Diego, Naval Base San Diego, Chula Vista, and major South Bay employment centers, the property benefits from strong multifamily fundamentals and long-term housing demand. With entitlements complete, construction documents finalized, and a clear path to development, 2104 G Avenue offers investors and developers the ability to significantly reduce predevelopment risk and accelerate project delivery.
Property Facts
| Price | $1,195,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Zoning | RM-3 | ||
| Price | $1,195,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.15 AC |
| Zoning | RM-3 |
1 Lot Available
Lot
| Price | $1,195,000 | Lot Size | 0.15 AC |
| Price Per AC | $8,170,493.24 |
| Price | $1,195,000 |
| Price Per AC | $8,170,493.24 |
| Lot Size | 0.15 AC |
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 560-320-23 | Improvements Assessment | $133,893 |
| Land Assessment | $135,603 | Total Assessment | $269,496 |
Property Taxes
Parcel Number
560-320-23
Land Assessment
$135,603
Improvements Assessment
$133,893
Total Assessment
$269,496
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