2435 Imperial Avenue, LOGAN HEIGHTS, CA

$1,695,000

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7,013

Square feet

0.16

Acres

About 2435 Imperial Avenue

We are excited to introduce a new development opportunity, “Imperial Avenue Apartments,” located at 2435 Imperial Avenue in the Logan Heights submarket of San Diego, California. This is a fully entitled and approved, permit ready project allowing for a streamlined construction process that will bypass the challenging permitting process in San Diego. The shovel-ready nature of this project enables developers to commence construction almost immediately, creating a prominent landmark in the heart of Logan Heights for years to come. Situated at 2435 Imperial Avenue, this project presents a unique chance for developers to address the high demand for housing in the supply-constrained market of Logan Heights. Carefully designed plans align with the neighborhood’s requirements and needs, as well as the Complete Communities Plan, making this a great development opportunity. Tenants will enjoy convenient access to essential retail within a short walking distance and have excellent connectivity to various transit options just a stone’s throw away. Imperial Avenue Apartments is a 37-unit project featuring a street-fronting ground-floor commercial space. The design includes a 4-story, 22,779 square-foot wood-framed structure with dedicated motorcycle and bicycle parking situated on a 7,013 square-foot lot. To align with Complete Communities guidelines, five of the 37 units are designated as affordable.

Features of 2435 Imperial Avenue

MLS® # 240001530
Price $1,695,000
Square Footage 7,013
Acres 0.16
Type Lot / Land
Status PENDING

Community Information

Address 2435 Imperial Avenue
Area SAN DIEGO (92102)
Subdivision Logan Heights
City LOGAN HEIGHTS
County San Diego
State CA
Zip Code 92102

Amenities

Utilities Cable TV, Electric
View Bay, City, Evening Lights, Ocean
Is Waterfront No

Exterior

Lot Description Public Street, Sidewalks

Additional Information

Date Listed January 17th, 2024
Days on Market 23
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Office NorthMarq Multifamily

Listing Map

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