San Diego, CA 92113 235 S Willie James Jones Avenue

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Presented By: Lee & Associates;
  • San Diego Regional MLS (SDMLS) - 32 - CA
  • MLS# NDP2504610
  • 04/30/2025
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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.
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Home Details

Incredible Development Opportunity Near Downtown San Diego Presenting 235237 S Willie James Jones Avea prime development site located in the rapidly evolving neighborhood of Logan Heights, just minutes from Downtown San Diego. Set on a 14,367 SF lot zoned RM-2-5, this property offers exceptional potential with up to 9 units allowed by right, and significant density bonuses available through the Complete Communities Tier 3 program. The site currently includes a well-maintained duplex with two 2BR/1BA units, generating $3,425/month in gross rental incomeproviding valuable cash flow during the planning or entitlement phase. Located within a Transit Priority Area (TPA), Sustainable Development Area (SDA), and Qualified Opportunity Zone, the property benefits from development incentives such as reduced parking requirements, expedited permitting, and potential tax advantages. Surrounding the property are major redevelopment efforts, including the planned 80-unit Southwest Village by Related Companies and several new multifamily projects, further enhancing long-term value. Highlights: 14,367 SF lot (RM-2-5 zoning) Two existing income-producing units Potential for up to 91,000 SF under Tier 3 Complete Communities (FAR up to 6.5) Transit- and incentive-rich location (TPA, SDA, Opportunity & Promise Zones) Surrounded by new and upcoming development Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment onlyplease do not disturb tenants. Please contact listing agent for more information - Ivan Del Muro-Garcia| 760-448-2451 Incredible Development Opportunity Near Downtown San Diego Presenting 235237 S Willie James Jones Avea prime development site located in the rapidly evolving neighborhood of Logan Heights, just minutes from Downtown San Diego. Set on a 14,367 SF lot zoned RM-2-5, this property offers exceptional potential with up to 9 units allowed by right, and significant density bonuses available through the Complete Communities Tier 3 program. The site currently includes a well-maintained duplex with two 2BR/1BA units, generating $3,425/month in gross rental incomeproviding valuable cash flow during the planning or entitlement phase. Located within a Transit Priority Area (TPA), Sustainable Development Area (SDA), and Qualified Opportunity Zone, the property benefits from development incentives such as reduced parking requirements, expedited permitting, and potential tax advantages. Surrounding the property are major redevelopment efforts, including the planned 80-unit Southwest Village by Related Companies and several new multifamily projects, further enhancing long-term value. Highlights: 14,367 SF lot (RM-2-5 zoning) Two existing income-producing units Potential for up to 91,000 SF under Tier 3 Complete Communities (FAR up to 6.5) Transit- and incentive-rich location (TPA, SDA, Opportunity & Promise Zones) Surrounded by new and upcoming development Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment onlyplease do not disturb tenants. Please contact listing agent for more information - Ivan Del Muro-Garcia| 760-448-2451
Presented By: Lee & Associates;

Interior Features for 235 S Willie James Jones Avenue

Bedrooms

Unit 1 # Bedrooms2
Unit 2 # Bedrooms2

Bathrooms

Unit 1 # Total Baths1
Unit 2 # Total Baths1

General for 235 S Willie James Jones Avenue

CFD/Mello-Roos Fee0.0
HOA Fee$0.0
Neighborhood92113
Number Of Units Total2
Sale/RentFor Sale
SiteSidewalks
TermsCash, Conventional, Exchange, FHA

Exterior for 235 S Willie James Jones Avenue

Number of Buildings2
PoolN/K

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $950,000
MLS#NDP2504610
List Date 04/30/2025
Property Type Multi-Family
Phone 714.742.6515
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