2547 Commercial Street

San Diego, CA 92113

$1,500,000
Price
Beds
Baths
500 Sq. Ft.
$3,000 / Sq. Ft.
500
Sq. Ft.
$3,000
per Sq. Ft.

Description

Leverage San Diego’s Complete Communities Plan for up to 6.5 FAR on this 5,146 square foot urban infill development site. Potential to build 35 or 49 units in a 55’ 5-story or 85’ 7-story multifamily building with up to 33,449 gross SF. Benefit from relaxed parking requirements and more design flexibility due to the site’s location in a Transit Priority Area. Lucrative CN-1-4 zoning offers the potential for commercial and mixed use. Located just east of Downtown San Diego in the Logan Heights neighborhood,...Leverage San Diego’s Complete Communities Plan for up to 6.5 FAR on this 5,146 square foot urban infill development site. Potential to build 35 or 49 units in a 55’ 5-story or 85’ 7-story multifamily building with up to 33,449 gross SF. Benefit from relaxed parking requirements and more design flexibility due to the site’s location in a Transit Priority Area. Lucrative CN-1-4 zoning offers the potential for commercial and mixed use. Located just east of Downtown San Diego in the Logan Heights neighborhood, the site is conveniently located next to the MTS Trolley Orange Line allowing easy transportation to employment centers across the region. The location of the site within an Opportunity Zone may allow developer to utilize incentives including capital gains tax breaks. Property currently has a small office building and lot is being used as small repairs for autos.
  1. Listed by Frank Karako • DRE #01928210 • Brokerage DRE #02248983 • LPT Realty, Inc. • frank@karakogroup.com

Property Details for 2547 Commercial Street

Parking Spaces Total
0
Total Units
1.0
Business Type
Build to Suit
Lot Size Source
Public Records
Building Area Total
500
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
LISTING UPDATED: 12/26/2024 06:07 AM

Property Details for 2547 Commercial Street

StatusActive
MLS #PTP2405878
Days on Market129
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1920
Lot Size0.12 AC / 5,147 SF
CountySan Diego County

Building Information for 2547 Commercial Street

Stories2Residences-Year Built1920Lot Size0.12 AC / 5,147 SF

Property Information for 2547 Commercial Street

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Cap Rate: 0.0
  • Current Financing: None
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Real Estate Tax Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Annual Amount: $2,038
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
Exterior Features
  • Fence: No
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre, Level with Street, Level, Near Public Transit, Tear Down, Value In Land
  • Current Commercial Use: Light auto repairs/storage
  • Land Use: Multi-Family
Property / Structure Info
  • Asset Class: Multi-Family
Unit Information
Unit Information
  • Number Of Buildings: 1

Property History for 2547 Commercial Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2547 Commercial Street

Taxable ValueLand$138,316Additions-Total$138,316
Tax Record2024$2,094 ($174 / month)
Home Facts
Lot Size5,147 SqFtStyleIndustrialZoningINDUSTRIAL (MCountySAN DIEGOAPN535-670-30-00

Schools near 2547 Commercial Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Charter - K to 8
Public - K to 8
Rating
School
Distance
Burbank Elementary School
PublicK to 5

Logan Memorial Educational Campus
PublicK to 12

King-Chavez Academy Of Excellence
CharterK to 8

Logan K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2547 Commercial Street is a mixed use property for sale in San Diego, CA 92113. This property was listed for sale on September 25, 2024 by LPT Realty, Inc., it's currently listed at $1,500,000. This listing's school district is San Diego Unified School District. Nearby schools include Burbank Elementary School, Logan Memorial Educational Campus and King-Chavez Academy Of Excellence. 2547 Commercial Street is a 0-bed, 0-bath, 500 sqft mixed use property built in 1920.

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Listing Courtesy of LPT Realty, Inc., Frank Karako, DRE #01928210

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