2547 Commercial Street

San Diego, CA 92113

$1,500,000
Price
5,146 / 0.12
Lot Size / Acres

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

View
Bay, Bridge(s), City Lights, See Remarks
Parking Spaces Total
0
Lot Size Source
Public Records
Assessor Parcel Number
535-670-30-00
Pool
No
View
Yes
Association
No
Association Fee
$.00
LISTING UPDATED: 12/19/2024 03:12 AM

Property Details for 2547 Commercial Street

StatusActive
MLS #PTP2406048
Days on Market79
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.12 AC
CountySan Diego County

Building Information for 2547 Commercial Street

Lot Size0.12 AC

Property Information for 2547 Commercial Street

Community / Development
Community / Development
  • Assessments YN: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban, Biking
Property / Structure Info
Interior Features
Exterior Features
  • Fence: No
  • Miscellaneous: Value in Land
  • View Description: Bay, City Lights
Distance To
  • Distance To Water: Connected
Land/Lot Info
  • Lot Features: Level with Street, Level, Near Public Transit, Over 40 Units/Acre, Park Nearby, Tear Down, Value In Land
  • Possible Use: Commercial, Investment, Multi-Family, See Remarks
  • Possible Use Comments: Complete Communities / Multifamily Residential
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
Parking Info
  • Carport Spaces: 0

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 0.12 ac of land for sale in San Diego, CA 92113. This property was listed for sale on August 5, 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, 0.12 ac of land on a 5,146 sq. ft. / 0.12 acres lot.

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

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