San Diego CA Real Estate & Land for Sale

Situated at 1235-1241 Hueneme Street, this strategically positioned 14,348SF lot is nestled in the Silver Terrace neighborhood, directly across from the University of San Diego. Boasting a prime location with spectacular views over Mission Valley to Mission Bay. This site presents a promising development opportunity with its high-density multifamily zoning under the Complete Communities 4.0 FAR overlay zone. Additionally, the property features four (4) residential income rental units on-site, providing developers the advantage of generating income during the development process.

Location, location, Location. One Block to Downtown San Diego and San Diego International Airport. Fantastic opportunity for Multi-Unit development. Developer can take an advantage of the current Zero Density maximum units.

1531 Lieta St APN: 430-713-17-00 For sale, one of the last buildable flat vacant properties in Bay Park. Development plans are currently with city of San Diego and have received all first and second-round corrections for a 2,824sf two story primary home, detached 462sf garage with 600sf ADU above and 305sf carport to the side. All remaining corrections are minor and are in the process of being made and submitted back to the city. The lot is 5,625sf with alley access to the detached garage and ADU in the back. The property measures 50 wide and 112.5 deep. Sewer and water laterals are stubbed up to the property curb and electrical is available overhead in the alley. 1531 Lieta St address has been assigned to the primary home and 1533 Lieta St to the ADU. The property sale includes; architectural and structural engineering plans for 2,824sf primary residence, 600sf ADU and 462sf garage and 305sf carport, licensed soils report, licensed earthquake fault study, water meter upgrade ROW plan, and licensed survey and topography report. Payment has already been made to the city for plan review and right of way permitting. Buyer is responsible for paying permit issuance fees, sewer/water fees, and school fees.

This is an excellent opportunity to develop a mixed-use project in the Old Town neighborhood of San Diego. The property is conveniently located next to the I-8 and I-5, with easy access to the beach and downtown. This is the first time the property has been on the market in decades! The property is currently used by Stanco Automotive. The building size is 3,039 sqft and the lot size is 6,750 sqft. There is a chance the seller would be willing to provide seller financing to a qualified buyer(s). PLEASE DO NOT DISTURB THE TENANT!