For Sale
Call for price

2011 Franklin AveSan Diego, CA 92113

12-Unit Multifamily Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
113
This 7,294 square foot San Diego development site, located at 2011-2013 Franklin Ave in the Logan Heights neighborhood, presents a compelling multifamily investment opportunity. Zoned CN-1-4 & RM-3-7, it allows for commercial and mixed-use development. Pre-approved permits exist for a 12-unit project, including 11 one-bedroom, one-bathroom apartments and one commercial office suite. Construction can commence immediately upon permit fee payment. Alternatively, developers can leverage the Complete Communities Plan, enabling a 6.5 FAR and relaxed parking requirements due to the site's Transit Priority Area location. This infill site offers significant potential for increased density and the creation of affordable housing within the city. The property's APN is 538-160-28. This prime location just east of Downtown San Diego provides excellent access to amenities and transportation. The site's existing permits streamline the development process, minimizing delays and maximizing return on investment. This is a rare chance to capitalize on San Diego's thriving real estate market and contribute to the city's evolving urban landscape.

Highlights

  • Multifamily development opportunity in San Diego's Logan Heights neighborhood.
  • 7,294 square foot lot with CN-1-4 & RM-3-7 zoning, allowing for commercial and mixed-use development.
  • Approved plans for a 12-unit mixed-use development (11 residential units, 1 commercial suite).
  • Permits are ready for immediate issuance upon fee payment, allowing for immediate construction.
  • Potential to utilize the Complete Communities Plan for increased density and relaxed parking requirements.

Property Details for 2011 Franklin Ave

Property type
Mixed-use properties, Land
Square Feet
7,294 SF
Units
12

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7047271
Longitude
-117.1379329
2011 Franklin Ave, San Diego, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2011 Franklin Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message