$1,695,000 Price Analysis   ♡   San Diego, CA 92102 Unknown bed 0 bath unknown SqFt ($0/SqFt) 7,013SqFt lot. Listed 2024-01-19, Taxes $5,689 | Ⓧ USDA Ineligible due to property near San Diego |
We are excted to introduce a new development opportunity
* Sale Pending *Imperial Avenue Apartments, located at 2435 Imperial Avenue in the Logan Heights submarket of San Diego, California. This is a fully entitled and approved, permit ready project allowing for a streamlined construction process that will bypass the challenging permitting process in San Diego. The shovel-ready nature of this project enables developers to commence construction almost immediately, creating a prominent landmark in the heart of Logan Heights for years to come. Situated at 2435 Imperial Avenue, this project presents a unique chance for developers to address the high demand for housing in the supply-constrained market of Logan Heights.
Carefully designed plans align with the neighborhoods requirements and needs, as well as the Complete Communities Plan, making this a extraordinary development opportunity. Tenants will enjoy convenient access to essential retail within a short walking distance and have excellent connectivity to various transit optio ns a stones throw away. Imperial Avenue Apartments is a 37-unit project featuring a street-fronting ground-floor commercial space. The design includes a 4-story, 22, 779 square-foot wood-framed structure with dedicated motorcycle and bicycle parking situated on a 7, 013 square-foot lot. To align with Complete Communities guidelines, five of the 37 units are designated as affordable.
Presented by Erik M Anderson at
NorthMarq Multifamily.
Property MLS #240001530 from SanDiegoMLS
000-7
499 SF
Lot Description: Public Street, Sidewalks
Lot Size Acres: 0.1609963
Topography: Level
Lot Size Square Feet: 7013
Calculated Total Monthly Association Fees: 0
County: San Diego
Cross Street: Commercial Street
Current Use: Unimproved
Development Status: Building Plans Approved, Tentative Map, Final Map
Ownership: Fee Simple
Source Property Type: LOT/LAND
Possible Use: Highest Best Use: Residential, Additional Property Use: Res/Business Use OK
Area: SAN DIEGO (92102)
Source Neighborhood: Logan Heights
Parcel Number: 535-660-08
Subdivision: LOGAN HEIGHTS
Property Subtype: Lots/Land
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $26,010 + $390,150 $416,160 | $5,689 |
| 2022 | $25,500 + $382,500 $408,000 | $5,515 |
| 2021 | $25,259 + $378,885 $404,144 | $5,508 |
| 2020 | $31,314 + $37,581 $68,895 | $1,375 |
| 2019 | $30,700 + $36,845 $67,545 | $22,908 |
| 2018 | $30,099 + $36,123 $66,222 | $1,305 |
| 2017 | $29,509 + $35,415 $64,924 | $1,284 |
| 2016 | $28,931 + $34,721 $63,652 | $1,267 |
| 2015 | $28,497 + $34,200 $62,697 | $1,256 |
| 2014 | $27,939 + $33,531 $61,470 | $1,223 |
| 2013 | $27,813 + $33,380 $61,193 | $1,223 |
| 2012 | $27,268 + $32,726 $59,994 | $1,166 |
| 2010 | $26,734 + $32,085 $58,819 | $1,143 |
| 2009 | $26,599 + $31,922 $58,521 | $1,144 |
| 2009 | $26,535 + $31,846 $58,381 | $1,144 |
| 2008 | $26,078 + $31,297 $57,375 | $1,081 |
| 2007 | $25,567 + $30,684 $56,251 | $1,076 |
$1,095,000
Public Record
Listed 2024-01-19
$1,695,000
SanDiegoMLS
Sold 2021-04-20
$400,000
SanDiegoMLS
Listed 2020-06-19
$425,000
SanDiegoMLS
Cable TV
Electric
Water Source: Water: Available, Water District: CITY OF SAN DIEGO
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.