San Diego, CA 92113 2547 Commercial Street

2547 Commercial Street San Diego, CA - Image 12547 Commercial Street San Diego, CA - Image 2
Presented By: Frank Karako with LPT Realty, Inc.; frank@karakogroup.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PTP2406048
  • 10/02/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.

Home Details

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.
Presented By: Frank Karako with LPT Realty, Inc.; frank@karakogroup.com

Interior Features for 2547 Commercial Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 2547 Commercial Street

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CitySan Diego
Community FeaturesBiking, Curbs, StormDrains, StreetLights, Sidewalks, Urban, Park
CountySan Diego
DirectionsFrom the 5 fwy, exit Cesar Chavez, Merge onto Kearney Ave, Turn right onto Cesar E. Chavez Pkwy, Slight right onto Commercial St.
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Contract, OwnerMayCarry, Submit
Lot Size Square Feet5146.0
Lot Size UnitsSquareFeet
MLS Area92113 - Logan Heights
MobileHomeRemainsYNNo
New ConstructionNo
Possible UseCommercial, Investment, MultiFamily, SeeRemarks
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ViewBay, Bridges, CityLights
Virtual TourClick here
Waterfront Y/NNo
ZoningCN-1-4

Exterior for 2547 Commercial Street

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, NearPark, Over40UnitsAcre, NearPublicTransit, StreetLevel, TearDown, ValueInLand
Lot Size Acres0.1181
Lot Size Area5146.0
Lot Size SourcePublicRecords
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,500,000
MLS#PTP2406048
List Date 10/02/2024
Property Type Land
Phone 714.742.6515
Request Tour
Request Info
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