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1540 8Th StNational City, CA 91950

71-Unit Multifamily Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • 0.62-acre multifamily development site.
  • Five miles from Downtown San Diego.
  • 71-unit podium multifamily project planned.

Property Details for 1540 8Th St

Property type
Land
Lot Size (sq. ft)
27,007 SF

Location Insight

City
National City
County
San Diego
State
California
Latitude
32.680299950743
Longitude
-117.09088632372
1540 8Th St, National City, California

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1540 8Th St
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