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Executive Summary

Colliers International is pleased to offer a 39,000 sf apartment site one block to Balboa Park. The project will offer views of Balboa Park, San Diego Bay and the Downtown skyline. The property is zoned for high density residential and is in Complete Communities Tier 2, with an 8.0 FAR and a by-right entitlement path.
Enclosed are two yield studies:
1) 213 Apartments - 5 over 3 design with .92 spaces/ market-rate unit.
2) 237 Apartments – Type I design with .92 spaces/ market-rate unit. Retains 6th Ave buildings.

The sellers will give time for buyer to process their entitlements and plans.
Offer Date is Friday August 16th.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Senior
Total Lot Size 0.90 AC
Zoning R-4 - The property is zoned for high-density residential and is in Complete Communities Tier 2, with an 8.0 FAR and a by-right entitlement path.

1 Lot Available

Lot

Lot Size 0.90 AC

39,000 sf parcel located one half-block to Balboa Park. The parcels have frontage on 6th Ave and 5th Ave.

Description

High-density residential development site with existing commercial & residential uses

Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
60/100
Very bikeable
80/100
  • Listing ID: 32770163

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 3506 6th Ave, San Diego, CA 92103

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