Permit-Ready Transit-Oriented
For Sale
$1,000,000
2575-81 Commercial St, San Diego, CA 92113
Permit-ready 70-unit, five-story residential project with direct adjacency to a 25th & Commercial Trolley station.
Property SizeContact for details
Days on Market64
Property Features for 2575-81 Commercial St
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
70
Amenities
Permits Paid & Issued: providing a clear path to develop a 70-unit transit-oriented project in the heart of Logan Heights.
Excellent Site Layout: situated on a flat 8,900 square foot corner lot.
Situated within an Opportunity Zone: offering potential tax advantages for qualified investors.
Efficient Unit Mix: comprised of (42) studios and (28) one-bedroom floorplans.
Potential Property Tax Abatement: the property could qualify under California "Welfare Exemption" providing full or proportional property tax emption based on qualifying units.
Strategically Located: directly in front of the 25th & Commercial Trolley Station and is just one mile from Naval Base San Diego and Downtown.
Building Details
Stories
5
Listing Agency:
Marcus & Millichap
(858) 373-3166
Listed By:
Chris Zorbas · License #License(s): CA: 01301418
(858) 373-3166
Source:
Marcusmillichap
Added: Jun 28
Changed: Aug 8
Last Checked: Aug 29 at 5:50AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
2575-2581 Commercial Street is a permit-ready, transit-oriented development project proposed for a 5-story buildout totaling 70 residential units. The plan includes 42 studio units and 28 one-bedroom, one-bathroom units, positioned for efficient use of interior space and land area. The project is described as RTI, with development intended to serve a high-quality urban living environment.
The site is located in Logan Heights, directly adjacent to the 25th & Commercial Trolley station. The transit connection is designed to provide access from downtown to UC San Diego, East County, South Bay, and the Mexico border, with local downtown-oriented destinations referenced in the offering including Balboa Park, East Village, PETCO Park, the Convention Center, the Gaslamp Quarter, and Little Italy.
For developers, investors, and operators evaluating a residential acquisition with a shovel-ready plan, this asset offers a clearly defined unit mix and an entitlement status described as permit-ready RTI. Its adjacency to light rail and its downtown-oriented connectivity support a tenant profile seeking transit convenience within an urban neighborhood.
The site is located in Logan Heights, directly adjacent to the 25th & Commercial Trolley station. The transit connection is designed to provide access from downtown to UC San Diego, East County, South Bay, and the Mexico border, with local downtown-oriented destinations referenced in the offering including Balboa Park, East Village, PETCO Park, the Convention Center, the Gaslamp Quarter, and Little Italy.
For developers, investors, and operators evaluating a residential acquisition with a shovel-ready plan, this asset offers a clearly defined unit mix and an entitlement status described as permit-ready RTI. Its adjacency to light rail and its downtown-oriented connectivity support a tenant profile seeking transit convenience within an urban neighborhood.
Key Highlights
- Permit‑ready RTI 70‑unit transit‑oriented development on Commercial Street in Logan Heights, San Diego.
- Proposed 5‑story buildout includes 42 studio units and 28 1‑bedroom/1‑bath units.
- Directly adjacent to the 25th & Commercial Trolley station for light rail access.
Property Analytics
Property Profile
Current Use
Lease Details
70
Residential units
Location Intelligence
Trade Area within ½ mile
2,244
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Permit-ready 70-unit, five-story residential project with direct adjacency to a 25th & Commercial Trolley station.
Where is this apartment building located?
The property is located at 2575-81 Commercial St San Diego, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Permit‑ready RTI 70‑unit transit‑oriented development on Commercial Street in Logan Heights, San Diego.; Proposed 5‑story buildout includes 42 studio units and 28 1‑bedroom/1‑bath units.; Directly adjacent to the 25th & Commercial Trolley station for light rail access.
