701 66th St 2.12 Acres of Residential Land Offered at $2,095,000 in San Diego, CA 92114

The subject property is located at 701 66th Street in San Diego, California. Situated within the Encanto neighborhood, the property benefits from a transit-oriented location with convenient access to public transportation, major employment centers, schools, parks, and neighborhood-serving retail. The site offers excellent connectivity to Downtown San Diego and surrounding communities via Interstate 805, State Route 94, and nearby trolley and bus routes. Its strategic location, combined with favorable housing legislation and development potential, positions the property as an attractive opportunity for residential development in one of San Diego's supply-constrained housing markets.
The subject property consists of approximately ±2.12 acres of vacant land located in the Encanto neighborhood of San Diego, California. The site presents a rare residential development opportunity in an infill location with convenient access to public transit, major transportation corridors, and neighborhood amenities.
The property is positioned to benefit from California's pro-housing legislation, including State Density Bonus provisions that may allow for the development of up to 32 residential lots by right. Additional density potential may beachieved through SB 1123, providing developers with flexibility to maximize the site's residential yield. Given its size, location, and favorable development framework, the property is ideally suited for a variety of residential product types, including detached homes, small-lot subdivisions, and other for-sale or rental housing concepts. This offering represents an exceptional opportunity for developers and investors seeking a scalable residential land play in one of San Diego's supplyconstrained housing markets.