1028-44 Cesar e Chavez Pkwy San Diego, CA 92113
Barrio Logan NeighborhoodEstimated payment $11,551/month
Highlights
- 7,034 Sq Ft lot
- 3-minute walk to Barrio Logan
- 3-minute walk to Chicano Park
- 1-Story Property
About This Home
Once in a lifetime development opportunity in a highly desired opportunity zone in a fast growing neighborhood! You can potentially build 35+ residential units plus ground floor commercial retail space with CN 1-4 zoning allowing up to a 65ft height limit, this is a rare opportunity! On a corner lot, this property faces 2 streets and has alley access, which is key for a complete community development. Being so close to public transportation, this property may qualify for a complete community and Bonus ADU programs. This property could get even more exciting as SB-79 passes and hopefully being able to add even more units! Located in an opportunity zone, this property could provide substantial tax savings if bought through a QOF. Featuring 5 detached houses all roughly 350sqft each which gross about $10k a month, providing strong cash flow that can help with carrying costs as a potential developer goes through plans and permitting phases. Nearly $100k worth of upgrades has been invested into the property this year with new sewer line, new water lines, new electrical service, and a full remodel on one of the units. This could be a great buy and hold or development opportunity in one of San Diego's trendiest markets with views to Downtown San Diego and Petco Park and minutes to Coronado, Chicano Park, and the Navy Base.
Property Details
Home Type
- Multi-Family
Lot Details
- 7,034 Sq Ft Lot
Home Design
Interior Spaces
- 4 Bedrooms
- 1 Sq Ft Home
- 1-Story Property
Community Details
Overview
- 5 Buildings
- 5 Units
Building Details
- Operating Expense $6,804
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $1,849,900 | -- | $1,849,900 / Sq Ft |
Source: San Diego MLS
MLS Number: 250045298
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