2435 Imperial Avenue

San Diego, CA 92102

$1,695,000
Price
6,969 / 0.16
Lot Size / Acres

Description

We are excited to introduce a new development opportunity, “Imperial Avenue Apartments,” located at 2435 Imperial Avenue in the Logan Heights submarket of San Diego, California. This is a fully entitled and approved, permit ready project allowing for a streamlined construction process that will bypass the challenging permitting process in San Diego. The shovel-ready nature of this project enables developers to commence construction almost immediately, creating a prominent landmark in the heart of...We are excited to introduce a new development opportunity, “Imperial Avenue Apartments,” located at 2435 Imperial Avenue in the Logan Heights submarket of San Diego, California. This is a fully entitled and approved, permit ready project allowing for a streamlined construction process that will bypass the challenging permitting process in San Diego. The shovel-ready nature of this project enables developers to commence construction almost immediately, creating a prominent landmark in the heart of Logan Heights for years to come. Situated at 2435 Imperial Avenue, this project presents a unique chance for developers to address the high demand for housing in the supply-constrained market of Logan Heights. Carefully designed plans align with the neighborhood’s requirements and needs, as well as the Complete Communities Plan, making this a great development opportunity. Tenants will enjoy convenient access to essential retail within a short walking distance and have excellent connectivity to various transit options just a stone’s throw away. Imperial Avenue Apartments is a 37-unit project featuring a street-fronting ground-floor commercial space. The design includes a 4-story, 22,779 square-foot wood-framed structure with dedicated motorcycle and bicycle parking situated on a 7,013 square-foot lot. To align with Complete Communities guidelines, five of the 37 units are designated as affordable.
  1. Listed by Erik M Anderson • DRE #01991182 • NorthMarq Multifamily

Property Details for 2435 Imperial Avenue

Area
San Diego (92102)
Neighborhood
Logan Heights
Community
LOGAN HEIGHTS
View Description
Bay, City, Evening Lights, Ocean
City Postal ID
SAN DIEGO (92102)
Cross Street(s)
Commercial Street

Location

Listing Courtesy of NorthMarq Multifamily, Erik M Anderson, DRE #01991182
Add your commute
LISTING UPDATED: 02/15/2024 09:27 PM

Property Details for 2435 Imperial Avenue

StatusPending
MLS #240001530
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.16 AC
CountySan Diego County

Location

Listing Courtesy of NorthMarq Multifamily, Erik M Anderson, DRE #01991182
Add your commute

Building Information for 2435 Imperial Avenue

Lot Size0.16 AC

Payment Calculator

$9,250 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,250

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2435 Imperial Avenue

Summary Information
Property and Location
  • System ID: 240001530
  • Class: LOT/LAND
  • Street Number Numeric: 2435
  • Street Name: Imperial Avenue
  • Age Restrictions: N/K
  • Market Area: Metro Central
  • Ownership: Fee Simple
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Exterior Features
  • Fencing: Full
  • Structures: N/K
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Title Company
  • Frontage: N/K
  • Additional Property Use: Res/Business Use OK
  • Topography: Level
  • Site: Public Street, Sidewalks
  • Assessors Parcel Num: 535-660-08
  • Current Use: Unimproved
  • Highest Best Use: Residential
  • Development: Building Plans Approved, Tentative Map, Final Map
Mobile/Manufactured
  • Other Structures: None
Utilities
  • Utilities Available: Cable TV, Electric
  • Utilities to Site: Electric, Gas
  • Utilities: Cable Available
  • Water: Available
  • Water District: CITY OF SAN DIEGO
  • Water District URL: www.ci.san-diego.ca.us/water
  • Sewer/Septic: Sewer Available
  • Irrigation: N/K

Property History for 2435 Imperial Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2435 Imperial Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 8
Charter - 9 to 12
Public - K to 8
Rating
School
Distance
Burbank Elementary School
PublicK to 5

King-Chavez Academy Of Excellence
CharterK to 8

e3 Civic High School
Charter9 to 12

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.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of NorthMarq Multifamily, Erik M Anderson, DRE #01991182

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