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Ready-to-Issue Multifamily Development Opportunity
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827 Jacumba St Unit -, San Diego, CA 92114

Entitled 38-unit multifamily development opportunity in San Diego.

Property SizeContact for details
Lot Size0.46 Acres
Days on Market184

Property Features for 827 Jacumba St Unit -

General Information

Standard status Active
Lot size 0.46 Acres
Property subtype Land
Zoning RS-1-7
Listing Agency: Colliers - Los Angeles - La Jolla, California
Listed By: Aaron Bove · License #CA 01318320
Source: Crexi
Added: Feb 6 Changed: Aug 8 Last Checked: Aug 8 at 2:43PM

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 Colliers - Los Angeles - La Jolla, California

Investment Insights

Based on property information with market context.

The property at 827 Jacumba Street presents a fully entitled, ready-to-issue development opportunity for a 38-unit multifamily project. Located in the Lomita Village / Skyline area of San Diego, the project has secured all discretionary approvals and possesses complete plans, positioning it for an expedited construction start without further entitlement approvals needed. The development includes 36 new-construction micro-units within a three-story residential building. Additionally, an existing single-family residence will be converted into two legal dwelling units, bringing the total to 38 units. The design incorporates efficient floor plans and Type V-B construction, which supports attainable rental rates and a streamlined development process. The site, approximately 20,000 square feet, is zoned RS-1-7 and benefits from its location within a Sustainable Development Area (SDA) and a Transit Priority Area (TPA). This zoning allows for the approved density through ministerial processing, reducing entitlement risk and clarifying development timelines. The property may be suitable for a traditional land acquisition or alternative transaction structures. Ownership is open to discussions regarding potential joint venture or equity participation with qualified parties, subject to negotiation.

Key Highlights

  • Fully entitled 38‑unit multifamily development opportunity with ready‑to‑issue permits.
  • All discretionary approvals obtained; project ready for expedited construction start.
  • Located in a Sustainable Development Area (SDA) and Transit Priority Area (TPA), allowing approved density.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon 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

217
Businesses Nearby

Demographics for 92114, CA

66,248
Population
18,767
Households
3.5
Avg Household Size
37
Median Age
20%
College-Educated
82%
High-School Grad
8.3 sq mi
ZIP Area
7,982
Density / Sq Mi
$90,171
Median Household Income
$41,312
Median Earnings
$1,741
Median Rent
$604,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Entitled 38-unit multifamily development opportunity in San Diego.
Where is this residential land & home lot located?
The property is located at 827 Jacumba St Unit - San Diego, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Fully entitled 38‑unit multifamily development opportunity with ready‑to‑issue permits.; All discretionary approvals obtained; project ready for expedited construction start.; Located in a Sustainable Development Area (SDA) and Transit Priority Area (TPA), allowing approved density.
(858) 373-3237 Call to check price and availability
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