53-3141 Imperial Ave San Diego, CA 92113

This eight-unit multifamily property at 3141–3143 Imperial Avenue offers a straightforward renovation and repositioning path, with three units delivered vacant for an incoming owner. The site also includes three vacant two-car garages with existing plumbing and electrical infrastructure, each with direct access to a private courtyard, creating an opportunity for ADU conversion. The lot is described as large and well-configured, supporting redevelopment and expanded housing options.

The property benefits from direct frontage along the newly funded Imperial Avenue Bikeway, scheduled for completion in 2026. It is located in an opportunity zone and is immediately adjacent to a San Diego Trolley station, positioning the site for transit-oriented residential development and potential density and incentive utilization under the City of San Diego’s Complete Communities Initiative and California Senate Bill 79, effective July 1. Walk, bike, and transit scores are reported as very walkable (86), very bikeable (71), and good transit access (68).

This asset is best suited for private investors, multifamily developers, and value-add operators looking to implement unit renovations promptly and evaluate additional income through garage-to-ADU conversions. It also offers a redevelopment-ready site configuration, with multiple housing expansion approaches supported by existing onsite infrastructure and delivered vacancy.