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Entitled Multifamily Development Land
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6349 Del Cerro Blvd, San Diego, CA 92120

Approved plans support a six-story mixed-use project with residential units and ground-floor retail space.

Property SizeContact for details
Days on Market142

Property Features for 6349 Del Cerro Blvd

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Pegasus Investments
Listed By: Corey Allen · License #CA 02181089
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 7:40PM

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 Pegasus Investments

Investment Insights

Based on property information with market context.

This commercial land offering at 6349 Del Cerro Blvd includes approved plans for a six-story wrap-construction building with one subterranean parking level. The proposed development contains 114 residential units, comprising four studios, 65 one-bedroom units, and 45 two-bedroom units, with 98,147 net rentable square feet. Two ground-floor retail spaces add 4,330 square feet, including suites of 2,982 and 1,348 square feet. Planned parking totals 135 spaces, with 119 below grade and 16 at the surface, plus access to more than 20 street parking spaces along the south side of Del Cerro Blvd.

The property is in San Diego’s College East / Del Cerro area along the Interstate 8 corridor, less than a mile from San Diego State University, Alvarado Hospital Medical, and two Green Line Trolley Stations. The seller has completed a multi-year entitlement process, and the offering includes plans and permits. The existing plan check remains valid until June 2025.

Key Highlights

  • Fully entitled commercial land with plans and permits for a six‑story mixed‑use development
  • 114 residential units: 4 studios, 65 one‑bedroom, and 45 two‑bedroom units
  • 98,147 net rentable square feet of planned residential area

Property Analytics

Current Use

cpcarchitects Architect

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

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

Location Intelligence

Trade Area within ½ mile

829
Businesses Nearby

Demographics for 92120, CA

30,768
Population
13,253
Households
2.3
Avg Household Size
40
Median Age
57%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
3,996
Density / Sq Mi
$114,579
Median Household Income
$61,123
Median Earnings
$2,416
Median Rent
$870,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved plans support a six-story mixed-use project with residential units and ground-floor retail space.
Where is this commercial land located?
The property is located at 6349 Del Cerro Blvd San Diego, CA.
What are key features of this property?
This property features: Fully entitled commercial land with plans and permits for a six‑story mixed‑use development; 114 residential units: 4 studios, 65 one‑bedroom, and 45 two‑bedroom units; 98,147 net rentable square feet of planned residential area
(310) 969-1135 Call to check price and availability
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