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E 16Th St National City, CA 91950

For Sale
$2,400,000

Multifamily development site in an Opportunity Zone near transit.

Lot size:
1.71 Acres

Property Features for E 16Th St

General Information

Lot size
1.71 Acres

Source: KW | San Diego Metro Agent Elizabeth Brignon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Development Site in National City

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.
Location Intelligence

Current Use by Public Records

Residential land & home ...

Map

City
National City
County
San Diego
State
California
Longitude
-117.103328
Latitude
32.6689

FAQs

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.
More about this property
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