For Sale
$450,000

3040 National Ave San Diego, CA 92113

Logan Heights Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional San Diego investment property, located at 3040 National Avenue, presents a unique redevelopment opportunity. The single-story, 600 square foot building sits on a sizable 3,665 square foot lot zoned for commercial use (APN 550-032-25-00). Currently configured as a single-family rental, this property offers significant upside potential for investors seeking to capitalize on its prime location within the Logan Heights community. The lot features both street and alley access, with the rear portion currently utilized as paved storage. This presents flexibility for future development plans. The property's central location provides easy access to major freeways, enhancing its appeal and potential for a variety of uses. This is an opportunity zone property, making it attractive for investors seeking tax advantages. The property is being sold "as is," and potential buyers are responsible for conducting their own due diligence to assess the property's suitability for their intended use. This is a rare chance to acquire a property with significant redevelopment potential in a rapidly growing San Diego neighborhood. The existing structure provides immediate rental income while plans for future development are explored. Don't miss this chance to acquire a piece of San Diego real estate with significant long-term growth potential.

Highlights

  • Qualified Opportunity Zone property.
  • Excellent redevelopment potential.
  • Owner-occupied building available.
  • Located within a Complete Communities Overlay District.
  • Features both street and alley access.

Property Details for 3040 National Ave

Property type
Specialty properties, Mixed-use properties
Square Feet
600 SF
Buildings
1
Stories
1

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.6961959
Longitude
-117.1286062

FAQs

What type of property is this?
Specialty property - Logan Heights Redevelopment Potential
Where is the specialty property located?
The property is located at 3040 National Ave San Diego, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Qualified Opportunity Zone property.; Excellent redevelopment potential.; Owner-occupied building available.
How can I contact the broker?
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3040 National Ave
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