4970 Market St San Diego, CA 92102
Property Features for 4970 Market St
General Information
- Lot size
- 2.43 Acres
Source:
Moodyscre
Listing Agent: Allen Chitayat
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Development Site in San Diego
This 2.43-acre property is a fully entitled and permitted multifamily residential site in San Diego. It is approved for a low density of 73 units. The unit mix includes 23 one-bedroom, one-bathroom units, 16 two-bedroom, two-bathroom units, and 34 three-bedroom, three-bathroom townhomes, each with direct access garages. The underlying zoning is CC-3-6, allowing for 1 unit per 1,000 square feet of land. However, the site is subject to the City of San Diego Complete Communities Housing Solutions Tier 3, potentially allowing a significantly higher density of up to 6.5 F.A.R. The site is located within a Qualified Opportunity Zone, offering investors significant tax advantages. The Opportunity Zone program has been permanently extended with certain modifications and enhancements.
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.0872639
- Latitude
- 32.7107428
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FAQs
What type of property is this?
Land - 2.43-acre multifamily residential site approved for 73 units.
Where is this land located?
The property is located at 4970 Market St San Diego, CA.
What are key features of this property?
This property features: - Located within a Qualified Opportunity Zone offering significant tax advantages.; - Fully entitled and permitted multifamily residential site approved for **73 units**.; - Approved unit mix includes 1, 2, and 3-bedroom units including townhomes with direct access garages.