0 Riley StSan Diego, CA 92110

This exceptional investment opportunity presents a proposed 26-unit multifamily development on a 7,000 square foot lot in San Diego, CA (APN 436-422-15-00). The project, situated on Riley St, zip code 92110, is zoned Residential Multifamily (RM-3-7) and features a conceptual plan for 23 market-rate and 3 affordable housing units. The total building square footage is 4,995 square feet. Unit sizes range from efficient 365 square foot studios to spacious 585 square foot one-bedroom apartments, with a total mix of 21 studios and 5 one-bedroom units. This location offers convenient access to major freeways, local attractions, and nearby colleges, promising high occupancy rates. The property's medium-high density residential zoning allows for a density of 30-40 dwelling units per acre. This development presents a compelling opportunity for investors seeking strong returns in a desirable San Diego location. The asking price for this exceptional development opportunity is $2,300,000. Don't miss this chance to acquire a prime piece of San Diego real estate poised for significant growth.