827 Jacumba St, San Diego, CA 92114
827 Jacumba St, San Diego, CA 92114
827 Jacumba St, San Diego, CA 92114
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$1,700,000
Est. payment /mo
0.46 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260002956SD

HOA Y/N No

Lot Size 0.459 Acres

Property Description

827 Jacumba Street is a fully entitled, ready-to-issue 38-unit multifamily development opportunity located in the Lomita Village / Skyline area of San Diego. All discretionary approvals have been obtained, plans are complete, and the project is positioned for an expedited start to construction with no remaining entitlement approvals required. The project includes 36 new-construction micro-units within a three-story residential building, along with the conversion of an existing single-family residence into two (2) legal dwelling units, for a total of 38 units. The proposed design features efficient floor plans and Type V-B construction, supporting attainable rental rates and streamlined development. The approximately 20,000 SF site is zoned RS-1-7 and is located within both a Sustainable Development Area (SDA) and Transit Priority Area (TPA), allowing the approved density through ministerial processing. These overlays reduce entitlement risk and provide clarity on development timelines. The property may be suitable for a traditional land acquisition or alternative transaction structures. Ownership is open to discussions regarding potential joint venture or equity participation with qualified parties, subject to negotiation.

Location

State CA

County San Diego

Area 92114 - Encanto

Zoning RS-1-7

Interior

Fireplace No

Exterior

Fence None

Utilities Available See Remarks

View Y/N No

Building

Water See Remarks

Others

Senior Community No

Tax ID 5830220200

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange


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Listed by Aaron Bove Colliers International #01318320

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Monica Franco

Monica Franco

+1(951) 538-6607

Agent | License ID: 01743095

Agent License ID: 01743095

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