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$ 1,595,000
Est. payment /mo
Price Dropped by $105K
827 Jacumba St #- San Diego, CA 92114
0.46 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Skyline (Skyl)
MLS Listing ID 260002956
Lot Size 0.459 Acres
Property Sub-Type Lots/Land
Property Description
827 Jacumba Street is a fully entitled, ready-to-issue 38-unit multifamily development opportunity located in the Lomita Village / Skyline area of San Diego. All discretionary approvals have been obtained, plans are complete, and the project is positioned for an expedited start to construction with no remaining entitlement approvals required. The project includes 36 new-construction micro-units within a three-story residential building, along with the conversion of an existing single-family residence into two (2) legal dwelling units, for a total of 38 units. The proposed design features efficient floor plans and Type V-B construction, supporting attainable rental rates and streamlined development. The approximately 20,000 SF site is zoned RS-1-7 and is located within both a Sustainable Development Area (SDA) and Transit Priority Area (TPA), allowing the approved density through ministerial processing. These overlays reduce entitlement risk and provide clarity on development timelines. The property may be suitable for a traditional land acquisition or alternative transaction structures. Ownership is open to discussions regarding potential joint venture or equity participation with qualified parties, subject to negotiation.
Location
State CA
County San Diego
Area Metro Central
Zoning RS-1-7
Interior
Fireplace No
Exterior
Utilities Available Other/Remarks
View Y/N No
Water Access Desc Other/Remarks
Building
Water Other/Remarks
Others
Senior Community No
Tax ID 583-022-02-00
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Virtual Tour https://www.propertypanorama.com/instaview/snd/260002956
Listed by Aaron Bove, DRE#01318320 Colliers International