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3281 Steel St
San Diego, CA 92113
The Commodore | 21-RTI Development Site · Land For Sale
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0.16 AC


INVESTMENT HIGHLIGHTS
- Fully entitled 21-unit, three-story multifamily development with approved plans and permits in place
- Designed with an optimized mix of 4 studios and 17 one-bedroom units, tailored to strong workforce housing
- All development impact fees, water fees, sewer fees, and permit issuance fees have been paid in full
- Located within a Qualified Opportunity Zone (QOZ) and San Diego Promise Zone
EXECUTIVE SUMMARY
The Commodore is a fully shovel-ready 21-unit multifamily project in Logan Heights with all fees paid and construction able to start immediately. The ±7,668 SF design features efficient studios and one-bedrooms tailored to attainable workforce housing demand. Located in a federally designated Opportunity Zone, the site offers strong tax advantages and excellent access to Downtown, transit, and major job centers. With no parking requirement and a rapidly improving surrounding neighborhood, this is a rare plug-and-play infill development opportunity.
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | RM-2-5 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.16 AC |
| Opportunity Zone |
Yes |
| Zoning | RM-2-5 |
1 LOT AVAILABLE
Lot
| Lot Size | 0.16 AC |
| Lot Size | 0.16 AC |
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