Multifamily Development Site in National
For Sale
Contact for pricing
E 16th St, National City, CA
Multifamily development site in an Opportunity Zone near transit.
Property SizeContact for details
Lot Size1.71 Acres
Days on Market829
Property Features for E 16th St
General Information
Standard status
Active
Lot size
1.71 Acres
Property subtype
LAND
Listing Agency:
KW | San Diego Metro
(619) 540-4208
Listed By:
Elizabeth Brignon · License #01899405
(619) 540-4208
Source:
Moodyscre
Added: May 7, 2024
Changed: Aug 8
Last Checked: Jul 16 at 6:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW | San Diego Metro
Investment Insights
Based on property information with market context.
This multifamily development site is located in National City, approximately 5 miles south of downtown San Diego, and is situated within an Opportunity Zone. The zoning is RM-1 (1 dwelling unit per 1,900 square feet), which allows for 40 units by right and up to 70 units as a Mixed Income Project. The site benefits from its central location near transit and retail, with direct access to the 24th Street Transit Center and the 5, 805, and 54 Freeways. It is within walking distance of National City's revitalized downtown urban core, as well as shops and retail along E Plaza Blvd. The property is also in close proximity to Naval Base San Diego, Coronado Island, San Diego Bayfront, and the Chula Vista Bayfront Redevelopment Project, which is currently underway. A previously approved Tentative Map (TM) has expired.
Key Highlights
- Opportunity Zone location offers potential tax benefits.
- Zoned RM‑1 allowing for multifamily development (40 units by right, up to 70 as Mixed Income Project).
- Excellent access to transportation: direct access to 24th Street Transit Center and Freeways 5, 805, and 54.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Explore this area
Business Placement
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Multifamily development site in an Opportunity Zone near transit.
Where is this land located?
The property is located at E 16th St National City, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Opportunity Zone location offers potential tax benefits.; Zoned RM‑1 allowing for multifamily development (40 units by right, up to 70 as Mixed Income Project).; Excellent access to transportation: direct access to 24th Street Transit Center and Freeways 5, 805, and 54.
