235-37 Willie James Jones Ave
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235-37 Willie James Jones Ave Immeuble residentiel 2 lots 825 170 € (412 585 €/Lot) San Diego, CA 92113
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Zoning RM-2-5: Up to 9 units by right (29 DU/acre)
- Transit-Oriented: In TPA & SDA for reduced parking and streamlined approvals
- Existing Two Unit Income: Can be delivered vacant
- Complete Communities Tier 3: FAR up to 6.5× | Potential ±91,000 SF
- Opportunity Zone + Promise Zone: Major tax incentives and funding eligibility
- Infill Corridor: Near major planned developments and ongoing revitalization
RÉSUMÉ ANALYTIQUE
The von Bluecher Group of Lee & Associates – San Diego Multifamily Investments is pleased to present 235–237 S Willie James Jones Ave, a well-located development opportunity just minutes from Downtown San Diego. Situated within a high-growth corridor of Logan Heights, the site sits near Related Companies’ planned 80-unit Southwest Village and is surrounded by new and upcoming multifamily projects, making it an attractive option for forward-thinking developers.
The property spans ±14,367 Sf, zoned RM-2-5, and is currently improved with income-producing two units generating $3,425/month in gross rental income. This provides a rare opportunity to offset holding costs during the entitlement and planning process.
The site allows up to 9 units by right, with substantial upside through San Diego’s Complete Communities Tier 3 program—offering FAR up to 6.5× and a theoretical buildout of ±91,000 SF. Located within a Transit Priority Area (TPA), Sustainable Development Area (SDA), and Qualified Opportunity Zone, the property benefits from development incentives including reduced parking, expedited permitting, and potential tax advantages.
Property Overview:
• ±14,367 SF lot
• Existing duplex with (2) 2BR/1BA units
• Gross monthly income: $3,425
• Zoning RM-2-5: Up to 9 units by right (29 DU/acre)
• Complete Communities Tier 3: FAR up to 6.5× | Potential ±91,000 SF
• Transit-Oriented: In TPA & SDA for reduced parking and streamlined approvals
Buyer to verify all development potential and incentives with the City of San Diego. Ownership will consider all qualified offers.
The property spans ±14,367 Sf, zoned RM-2-5, and is currently improved with income-producing two units generating $3,425/month in gross rental income. This provides a rare opportunity to offset holding costs during the entitlement and planning process.
The site allows up to 9 units by right, with substantial upside through San Diego’s Complete Communities Tier 3 program—offering FAR up to 6.5× and a theoretical buildout of ±91,000 SF. Located within a Transit Priority Area (TPA), Sustainable Development Area (SDA), and Qualified Opportunity Zone, the property benefits from development incentives including reduced parking, expedited permitting, and potential tax advantages.
Property Overview:
• ±14,367 SF lot
• Existing duplex with (2) 2BR/1BA units
• Gross monthly income: $3,425
• Zoning RM-2-5: Up to 9 units by right (29 DU/acre)
• Complete Communities Tier 3: FAR up to 6.5× | Potential ±91,000 SF
• Transit-Oriented: In TPA & SDA for reduced parking and streamlined approvals
Buyer to verify all development potential and incentives with the City of San Diego. Ownership will consider all qualified offers.
INFORMATIONS SUR L’IMMEUBLE
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 2+1 | 2 | - | - |
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Walk Score®
Très praticable à pied (76)
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PHOTOS
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235-37 Willie James Jones Ave
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