$1,500,000

2547 Commercial St San Diego, CA 92113

Logan Heights Neighborhood

Estimated payment $8,459/month

Total Views 17,361
0.12 Acre
$12,701,101 Price per Acre
5,146 Sq Ft Lot

Highlights

  • Bay View
  • 1-minute walk to 25Th & Commercial
  • Bike Trail
  • Property is near a park
  • No HOA
  • Level Lot

About This Lot

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.

Listing Agent

Frank Karako

LPT Realty, Inc. Brokerage Email: frank@karakogroup.com License #01928210 Listed on: 10/02/2024

LPT Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,094

Lot Details

  • 5,146 Sq Ft Lot
  • Level Lot
  • Density is over 40 Units/Acre
  • Value in Land
  • Tear Down
  • Property is zoned CN-1-4

Property Views

  • Bay
  • Bridge
  • City Lights

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 5356703000
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail
  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$2,094

Lot Details

0

Listing Details

  • Assessments: No
  • Possible Use: Commercial, Investment, Multi-Family
  • Possible Use Comments: Complete Communities / Multifamily Residential
  • View: Yes
  • Zoning: CN-1-4
  • Property Type: Land
  • Parcel Number: 5356703000
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 291.49

Exterior Features

  • View: Bay, Bridge(s), City Lights
  • Fence: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban, Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level, Near Public Transit, Over 40 Units/Acre, Park Nearby, Tear Down, Value In Land
  • Lot Size Sq Ft: 5146.00
  • Lot Size Acres: 0.1181

Multi Family

  • Lot Size Area: 5146.0000 Square Feet

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,094 $141,082 $141,082 --
2024 $2,094 $138,316 $138,316 --
2023 $2,039 $135,604 $135,604 $0
2022 $1,971 $132,946 $132,946 $0
2021 $1,944 $130,340 $130,340 $0
2020 $1,924 $129,004 $129,004 $0
2019 $1,896 $126,475 $126,475 $0
2018 $1,794 $123,996 $123,996 $0
2017 $80 $121,565 $121,565 $0
2016 $1,737 $119,182 $119,182 $0
2015 $1,716 $117,392 $117,392 $0
2014 $1,679 $115,093 $115,093 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 For Sale $1,500,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2406048

California Regional Multiple Listing Service (CRMLS)

APN: 535-670-30

California San Diego County San Diego 92113 Logan Heights

2547 Commercial St, San Diego, CA

This home is located at 2547 Commercial St, San Diego, CA 92113 and is currently priced at $1,500,000. 2547 Commercial St is a home located in San Diego County with nearby schools including Burbank Elementary School, Logan Memorial Educational Campus, and King-Chavez Academy Of Excellence.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Frank Karako
Listing Agent
Frank Karako
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LPT Realty, Inc.
(858) 298-3077