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