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Shovel-Ready Residential Development Site
For Sale
$2,500,000
Pending

4377 Rialto Street Unit 4498670100, San Diego, CA 92107

Shovel-ready site with plans for a 16-unit complex featuring studios plus one- and two-bedroom layouts.

Property Size6,255 SF
Days on Market852

Property Features for 4377 Rialto Street Unit 4498670100

General Information

Standard status Pending
Size 6,255 SF
Property subtype Lot/Land / Lots/Land
Zoning RM 2-5

Additional Details

Multifamily Units 16

Amenities

0.0
Other/Remarks
N/K
Value in Land, N/K

Building Details

Tenancy Multi
Listing Agency: Real Broker
Listed By: Andrew T Greer · License #01935052
Source: Compass
Added: Jun 19, 2024 Changed: Oct 10 Last Checked: Oct 16 at 11:21AM

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 Real Broker

Rey
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Investment Insights

Based on property information with market context.

This listing presents a shovel-ready land development opportunity with attached plans and required fees for review. The proposed 16-unit complex includes six 1-bedroom, 1-bath units; two 2-bedroom, 1-bath units; and eight studio visitor accommodation units. The property is described as currently allowed to rent the eight studio visitor accommodation units as short-term rentals based on their visitor accommodation zoning, with the ability to pursue long-term leasing as well.

The property is located at 4377 Rialto St in San Diego, CA 92107, and the remarks describe the location as centrally located and minutes to the beach and to new development coming to Midway. Mobility scores listed with the property include a BikeScore of 53 (bikeable) and a WalkScore of 69 (somewhat walkable), along with a TransitScore of 30.

Seller financing is also referenced as available with appropriate terms.

Key Highlights

  • Shovel‑ready build opportunity with plans and required fees attached for review
  • Planned 16‑unit complex mix: six 1 bed/1 bath, two 2 bed/1 bath, and eight studio visitor accommodation units
  • Zoning allows the eight studio visitor accommodation units to be rented as short‑term rentals

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Food Market Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

Demographics for 92107, CA

28,684
Population
14,658
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
3.0 sq mi
ZIP Area
9,561
Density / Sq Mi
$107,262
Median Household Income
$61,936
Median Earnings
$2,208
Median Rent
$1,218,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready site with plans for a 16-unit complex featuring studios plus one- and two-bedroom layouts.
Where is this residential land & home lot located?
The property is located at 4377 Rialto Street Unit 4498670100 San Diego, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Shovel‑ready build opportunity with plans and required fees attached for review; Planned 16‑unit complex mix: six 1 bed/1 bath, two 2 bed/1 bath, and eight studio visitor accommodation units; Zoning allows the eight studio visitor accommodation units to be rented as short‑term rentals
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