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 |
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Price | $1,695,000 |
Square Footage | 7,013 |
Acres | 0.16 |
Type | Lot / Land |
Status | PENDING |
Community Information
Address | 2435 Imperial Avenue |
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Area | SAN DIEGO (92102) |
Subdivision | Logan Heights |
City | LOGAN HEIGHTS |
County | San Diego |
State | CA |
Zip Code | 92102 |
Amenities
Utilities | Cable TV, Electric |
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View | Bay, City, Evening Lights, Ocean |
Is Waterfront | No |
Exterior
Lot Description | Public Street, Sidewalks |
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Additional Information
Date Listed | January 17th, 2024 |
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Days on Market | 23 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Office | NorthMarq Multifamily |