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- LoopNet Team
720-722 W Juniper St
San Diego, CA 92101
Land For Sale
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0.19 AC
PROPERTY FACTS
DESCRIPTION
We are pleased to present an 8,057 square foot development site in the heart of the Little Italy neighborhood in Downtown San Diego. The site’s CCPD-MC zoning designator accommodates a diverse array of uses, including residential, artist studios, live/work spaces, hotels, offices, research and development, and retail. The site allows a developer the opportunity to maximize the density on the property with a mixed-use project in one of San Diego’s strongest rental submarkets. The subject property is an existing two-story four-unit apartment complex which is currently being operated as short-term vacation rentals. This allows a prospective purchaser the opportunity to continue operations and collect cash flow while obtaining entitlements. Downtown’s Little Italy neighborhood is rich in history and has experienced a tremendous amount of gentrification throughout this market cycle. With a walk score of 94, it is one of San Diego’s most active neighborhoods as residents have walkable access to an array of restaurants, breweries, coffee shops, and boutique retail stores.
