Zoned High-Density Multifamily
For Sale
$3,400,000
1674 Newton Avenue Unit 19 20 21 22 23 24, San Diego, CA 92113
Land recently rezoned to RM-3-7 with additional density potential in the Complete Communities Coastal Zone.
Property Size21,258 SF
Price / SF$159.94
Days on Market155
Property Features for 1674 Newton Avenue Unit 19 20 21 22 23 24
General Information
Standard status
Active
Size
21,258 SF
Property subtype
Lot/Land / Lots/Land
Zoning
RM-3-7
Additional Details
Highway Access
Yes
Amenities
0.0
Full
Listing Agency:
CBRE
(808) 271-5252
Listed By:
Michael Greiner · License #01844828
(808) 271-5252
Source:
Compass
Added: Mar 11
Changed: Aug 8
Last Checked: May 13 at 11:57PM
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 CBRE
Investment Insights
Based on property information with market context.
CBRE presents 1674 Newton Avenue, a redevelopment land opportunity currently entitled for high-density multifamily under RM-3-7 zoning. The property was recently rezoned to RM-3-7, which allows for by-right high-density multifamily development. The site is also located within the Complete Communities Coastal Zone, which provides additional density up to a 2.5 FAR, along with a distinct regulatory framework for redevelopment. Developers may also explore additional density options through programs such as California’s Density Bonus Law and applicable City of San Diego housing incentives.
The property is positioned in San Diego’s Barrio Logan submarket, directly adjacent to a vibrant restaurant/cultural hub and within walking distance of public transportation options. Direct freeway access is described as being only three blocks away.
For buyers and developers seeking a central, coastal-adjacent redevelopment parcel with high-density residential entitlements and Coastal Zone overlay considerations, this site offers a practical platform to underwrite multifamily development opportunities.
The property is positioned in San Diego’s Barrio Logan submarket, directly adjacent to a vibrant restaurant/cultural hub and within walking distance of public transportation options. Direct freeway access is described as being only three blocks away.
For buyers and developers seeking a central, coastal-adjacent redevelopment parcel with high-density residential entitlements and Coastal Zone overlay considerations, this site offers a practical platform to underwrite multifamily development opportunities.
Key Highlights
- Land at 1674 Newton Avenue was recently rezoned to RM‑3‑7
- RM‑3‑7 zoning allows by‑right high‑density multifamily development
- Located within the Complete Communities Coastal Zone with additional density up to 2.5 FAR
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,102
Businesses Nearby
Explore this area
Business Placement
Demographics for 92113, CA
50,457
Population
14,443
Households
3.5
Avg Household Size
32
Median Age
11%
College-Educated
69%
High-School Grad
4.5 sq mi
ZIP Area
11,213
Density / Sq Mi
$59,177
Median Household Income
$31,099
Median Earnings
$1,608
Median Rent
$559,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land recently rezoned to RM-3-7 with additional density potential in the Complete Communities Coastal Zone.
Where is this residential land & home lot located?
The property is located at 1674 Newton Avenue Unit 19 20 21 22 23 24 San Diego, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Land at 1674 Newton Avenue was recently rezoned to RM‑3‑7; RM‑3‑7 zoning allows by‑right high‑density multifamily development; Located within the Complete Communities Coastal Zone with additional density up to 2.5 FAR
