1540 8Th St National City, CA 91950
- Commercial land
- 0.46 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1540 8Th St
- Lot size
- 0.46 lot acres
- Zone code
- COMMERCIAL
- Property type
- Commercial land
- APN
- 557-180-09-00
- APU
- 5571800900
Description
This exceptional 0.62-acre development site in National City, California, presents a unique opportunity to build a 71-unit podium multifamily complex. Located at 1540 E 8th St, this property boasts a prime location just two blocks from Interstate 805, offering unparalleled connectivity to the entire San Diego Metropolitan Statistical Area (MSA). The site is zoned Major Mixed-Use Corridor (MXC-2), allowing for a high-density development. National City's vibrant community atmosphere, combined with its proximity (five miles) to downtown San Diego, provides future residents with a desirable blend of urban convenience and suburban tranquility. The planned 71-unit development leverages the Affordable Housing Density Bonus, maximizing the site's potential. This presents a compelling investment opportunity to capitalize on San Diego's growing demand for rental housing in a currently supply-constrained market. The property's APN is 557-180-09, 557-180-11. This is a truly remarkable chance to contribute to the thriving National City landscape while achieving significant returns. The site's latitude and longitude coordinates are 32.68029995074325 and -117.09088632371845 respectively, and the zip code is 91950.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- National City
- County
- San Diego
- State
- California
- Longitude
- -117.091
- Latitude
- 32.68
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
