Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions Logo
$1,649,900
( )
 $8,857 est/mo Sourced by Back At You

1028 Cesar E Chavez Pkwy,San Diego, CA 92113

San Diego, CA 92113

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Description

Once in a lifetime development opportunity in a highly desired opportunity zone in a fast growing neighborhood! You can potentially build 35+ residential units plus ground floor commercial retail space with CN 1-4 zoning allowing up to a 65ft height limit, this is a rare opportunity! On a corner lot, this property faces 2 streets and has alley access, which is key for a complete community development. Being so close to public transportation, this property may qualify for a complete community and Bonus ADU programs. This property could get even more exciting as SB-79 passes and hopefully being able to add even more units! Located in an opportunity zone, this property could provide substantial tax savings if bought through a QOF. Featuring 5 detached houses all roughly 350sqft each which gross about $10k a month, providing strong cash flow that can help with carrying costs as a potential developer goes through plans and permitting phases. Nearly $100k worth of upgrades has been invested into the property this year with new sewer line, new water lines, new electrical service, and a full remodel on one of the units. This could be a great buy and hold or development opportunity in one of San Diego's trendiest markets with views to Downtown San Diego and Petco Park and minutes to Coronado, Chicano Park, and the Navy Base.

Details

MLS #260013063SD
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Days On Site95
Listing Provided ByCompass | Christian Meno

Features

Units5
Building(s)5
ZoningINDUSTRIAL
Acreage0.16

Interior

Heating Yes / NoNo
Cooling Yes / NoYes

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92113
Area92113 Logan Heights
Listing VS Median (in 92113)
Price:
$1,649,900
low | high
Med:
$1,219,450
76.089459967271% of Average
On site:
95
low | high
Med:
28
100% of Average
Sourced by Back At You

Market Activity 92113

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Learn More About This Property

Gustavo Macias

Gustavo Macias

Coldwell Banker Commercial

01758792 (626) 523-1730gustavo.macias@cbcinland.com
StateCA
CountySan Diego
CitySan Diego
Zip Code92113
Area92113 Logan Heights
Listing VS Median (in 92113)
Price:
$1,649,900
low | high
Med:
$1,219,450
76.089459967271% of Average
On site:
95
low | high
Med:
28
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.237M - $2.62M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1950 Kearney Ave Property Photo 1
$1,495,000
1950 Kearney Ave
San Diego, CA 92113
1950 Kearney Ave Property Photo 1
$1,495,000
1950 Kearney Ave
San Diego, CA 92113
Listing Updated: August 31, 2026 at 10:26:32 AM PDT

Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions