5678 Lauretta Street, San Diego, CA, 92110
Offer Price:
Market
Zoning:
S.P. Specific Plan
Zoning Overlay:
SDA & CCHS Tier 4
Entitlement Status:
Approved 23-Units
APN:
436-385-09-00
Lot Size:
±5,555 SF
Status:
Under Contract
Submarket:
Central
Property Type:
Apartments, Land
Strategy:
Value Add
PROJECT OVERVIEW
This development opportunity offers the chance to capitalize on the strong demand for rental housing in San Diego, particularly in the thriving Linda Vista neighborhood. With a prime location near the University of San Diego and a permit-ready project, investors can move forward with confidence in a market poised for growth.
This offering presents a compelling opportunity for investors seeking to enter or expand their presence in the dynamic San Diego real estate market. With its prime location, diverse unit mix, and per-mit-ready status, this development project offers the potential for attractive returns and long-term value appreciation.
INVESTMENT HIGHLIGHTS
• STRATEGIC LOCATION: Linda Vista is a growing neigh-borhood with easy access to major highways, employ-ment centers, and recreational areas.
• UNIVERSITY PROXIMITY: With the University of San Diego nearby, this development presents an excellent opportunity for student housing or faculty residences.
• STRONG RENTAL DEMAND: San Diego’s rental market remains robust, with a steady influx of renters seeking quality housing options.
• DEVELOPMENT READY: All necessary plans and per-mits are in place, reducing the timeline for construction and minimizing development risk.
• POTENTIAL FOR VALUE ENHANCEMENT: As the neigh-borhood continues to evolve, there is potential for long-term value appreciation.
Listed By:
Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 373-3237