5678 Lauretta St - Commercial LAND FOR SALE


San Diego, CA 92110 5,554 SF
$2,400,000 USD
858-373-3237
5678 Lauretta St, San Diego, CA for Sale
$2,400,000 USD
Commercial LAND - FOR SALE
1/10
5,554 SF

5678 Lauretta St
San Diego, CA 92110


HIGHLIGHTS

  • Linda Vista is a growing neighborhood with easy access to major highways, employment centers, and recreational areas.
  • With the University of San Diego nearby, this development presents an excellent opportunity for student housing or faculty residences.
  • San Diego’s rental market remains robust, with a steady influx of renters seeking quality housing options.
  • All necessary plans and permits are in place, reducing the timeline for construction and minimizing development risk.

OVERVIEW

We are pleased to present an approved 23 unit multifamily development site, conveniently situated within walking distance to the prestigious University of San Diego. This offering comprises a permit-ready project for a 23-unit residential development spread over 6 levels, offering a mix of studio, one-bedroom, and two-bedroom, two-bathroom units. Investment Highlights Full Set of Construction Documents – Approved by All Disciplines Permits and Fees Paid University Proximity: With the University of San Diego nearby, this development presents an excellent opportunity for student housing or faculty residences. Strong Rental Demand: San Diego's rental market remains robust, with a steady influx of renters seeking quality housing options. Development Ready: All necessary plans and permits are in place, reducing the timeline for construction and minimizing development risk. Potential for Value Enhancement: As the neighborhood continues to evolve, there is potential for long-term value appreciation. This development opportunity offers the chance to capitalize on the strong demand for rental housing in San Diego, particularly in the thriving Linda Vista neighborhood. With a prime location near the University of San Diego and a permit-ready project, investors can move forward with confidence in a market poised for growth.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/ACRE

$18,819,802/AC

PRICE/SF

$432 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Full Set of Approved Construction Documents

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.13 AC

LAND SF

5,555 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RM-3-7

APN/PARCEL ID

436-385-09-00

ASK ABOUT THIS PROPERTY

Aaron BoveMarcus & MillichapMore Info
858-373-3237

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Aaron BoveMarcus & MillichapMore Info
858-373-3237

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.