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2035-45 University Ave

San Diego, CA 92103
  • $2,200,000
  • STATUS: ACTIVE
  • ON SITE: 12 Days
  • ID#: 220019398
Price Reduced
UPDATED: 238 min ago
$2,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

site in the City of San Diego Complete Communities Housing Solutions Tier 3 zone. The property is ideally located at the entrance to North Park just past the intersection of Park Boulevard & University Avenue, the pedestrian-friendly commercial corridor provides residents numerous amenities within walking distance of the property. ***The project rendered here is a concept only and is based on the Complete Communities bonus FAR incentive of 6.5 for an approximate 79,000 SF mid-rise composed of 7-floor plates, an average unit size of 840 SF. w/ 48 market rent units (5) of which could be street-level work/live, and 11 affordable for a total of 59 residential units.*** See city ordinance City Ordinance 21275 for benefits under the Housing Solutions Regulations and what is required for ministerial review. *** Month to Month Retail Tenants Provide gross income of $81,000 annual for Developer while seeking entitlements.***

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/131293553
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2035-45 University Ave San Diego, CA 92103

  • Price: $2,200,000
  • Status: ACTIVE
  • On Site: 12 Days
  • Updated: 238 min ago
  • ID#: 220019398
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Mission Hills (92103)
County:
San Diego
Area:
Mission Hills (92103)
Property Description
site in the City of San Diego Complete Communities Housing Solutions Tier 3 zone. The property is ideally located at the entrance to North Park just past the intersection of Park Boulevard & University Avenue, the pedestrian-friendly commercial corridor provides residents numerous amenities within walking distance of the property. ***The project rendered here is a concept only and is based on the Complete Communities bonus FAR incentive of 6.5 for an approximate 79,000 SF mid-rise composed of 7-floor plates, an average unit size of 840 SF. w/ 48 market rent units (5) of which could be street-level work/live, and 11 affordable for a total of 59 residential units.*** See city ordinance City Ordinance 21275 for benefits under the Housing Solutions Regulations and what is required for ministerial review. *** Month to Month Retail Tenants Provide gross income of $81,000 annual for Developer while seeking entitlements.***
Exterior Features

Lot Dimensions Approx 50 X 275 Topography LevelSlope View Other/Remarks

Property Features

Current Use Commercial Have Retail/ Land Incorporated Y Mandatory Remarks None Known Market Area Metro Uptown Motive Want Cash Out/ 1031 Sales Restrictions N/K Short Sale No Tax Amount 0 Tax Rate 1 Tax Year From 2020 Tax Year To 2021 Terms CashOther/Remarks Type Of Land Mixed Use Utilities Available Below Ground

San Diego MLS logo Listing provided courtesy of Compass. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101