Welcome to an exciting investment opportunity in the heart of San Diego’s Old Town neighborhood, California. This development project offers a prime location in this unique blend of history, culture, and entertainment. Key Features: OTRM-2-2 Zoning: The property boasts OTRM-2-2 zoning, allowing for medium-density residential development, making it an ideal canvas for your multifamily project vision. Lot Size: With a lot size of ±4,766 square feet, there is ample space to create a well-designed and spacious living environment for future residents. Units: This project has a base density of 1 unit per 1,000 SF CCHS Site: San Diego’s Complete Communities overlay zoning allows for an increased Floor Area Ratio (FAR) of 6.5 and wavies density, parking and height restrictions. TPA Site: San Diego’s zoning codes may allow developers in TPAs to provide fewer parking spaces per unit or square footage of commercial space. This reduction can significantly lower construction costs, as building and maintaining parking facilities can be expensive. This is a remarkable opportunity for developers and investors to create a thriving multifamily residential development in Old Town’s charming setting.