$2,900,000

Variance granted Lot/Land. Attn Opportunists! Nestled in the heart of “America’s Finest City!” (More specifically, Grant Hill/Stockton), where a sprawling 0.60-acre TOD site at 3204 Imperial Avenue awaits, lies your investment opportunity. This generous 26,030 SF lot, zoned for Residential and/or Multi-Family use within a Transit Priority Area and an Opportunity Zone, is a prime piece of real estate here in “America’s Finest City!” 3 parcels = 545-337-09-00, 545-337-10-00, 545-337-11-00. Complete Communities near Commercial Trolley Station; under the Transit Priority Overlay. 3 parcels; 26k square feet; Tier 3 incentives; build up to 169,195 SF. (100+ units? Defer low income requirement by up to 5 years and on a different location) Opportunity Zone; RM3-7 & RM2-5 zoning means 1 unit per 1,000-1,500 square feet. See supplement for more info Growth and development is perfectly staged at 3204 Imperial, presenting an exciting and flourishing future in this burgeoning community. The site’s strategic location offers unmatched access to major transit lines, including bus routes that connect to UCSD Hospital, the vibrant Downtown San Diego, and the 32nd & Commercial Trolley Station, ensuring convenience and accessibility for future residents. A Short 6 mile drive to the highly anticipated CHULA VISTA BAYFRONT MASTER PLAN to include the Gaylord Hotel and Convention Center! The neighborhood’s rich cultural tapestry and family-oriented market, characterized by diverse demographics and a blend of single-family homes and apartments, make it an ideal setting for a multi-generational housing project that can cater to the needs of various family structures.