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$ 1,600,000
Est. payment | /mo
4,886 Sqft Lot
$ 1,600,000
Est. payment | /mo
4,886 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 250016987
HOA Y/N No
Lot Size 4,886 Sqft
Acres 0.11
Property Description
We are excited to present the opportunity to acquire 4137 Louisiana Street, a rare shovel-ready development site in prime North Park, one of San Diego's most highly coveted neighborhoods. The site is fully entitled for the development of 12 luxury apartment homes but lies within a Tier 3 Complete Communities Housing Solutions zone allowing for re-entitlement and development allowing a buildable FAR of 6.5. The property also lies within a Designated Opportunity Zone. 4137 Louisiana Street is a ± 4,885 square foot development site fully entitled for 12 luxury apartment homes and allows a developer access to the highly competitive North Park Development market without facing any entitlement risk or municipal processes. The permit-ready development site is located just off of University Avenue and under two blocks away from the Lafayette Hotel which sits along the vibrant El Cajon Blvd in the heart of North Park. The plans for development have been meticulously designed to be aesthetically pleasing while maximizing rental income and quality urban living.
Location
State CA
County San Diego
Community North Park
Area North Park (92104)
Zoning RM-3-7
Building
Lot Size Range 4000-7499 SF
Water Available
Others
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Listed by Allen S Chitayat • CBRE
2235 Linwood St. A5, Diego, California, 92110, United States