2011 Franklin AveSan Diego, CA 92113

Property Details for 2011 Franklin Ave

Year built

1960

Lot size

0.17 AC

Property size (Sq ft)

3,500 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Warehouses

APN

538-160-28-00

APU

5381602800

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $839,754

  Hospitality

  $769,211

  Educational

  $639,974

  Medical

  $661,984

  Retail

  $995,515

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7048

Longitude

-117.138

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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