1674 Newton Ave, San Diego, CA 92113
1674 Newton Ave, San Diego, CA 92113
1674 Newton Ave, San Diego, CA 92113
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Monica Franco

Monica Franco

+1(951) 538-6607
$3,400,000
Est. payment /mo
0.49 Acres Lot
Save

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 260011544SD

HOA Y/N No

Lot Size 0.488 Acres

Property Description

CBRE is please to present 1674 Newton Avenue, a rare land redevelopment opportunity in the energetic and rapidly gentrifying neighborhood of Barrio Logan in San Diego –which is currently undergoing substantial revitalization and investment momentum. 1674 Newton Avenue has been recently rezoned to RM-3-7 zoning, which on its own allows for by right high-density multifamily development. However, the property is also located within Complete Communities Coastal Zone, which provides for additional density up to a 2.5 FAR in addition to providing a unique regulatory framework for future redevelopment. Developers of the site may explore opportunities for additional density through programs such as California's Density Bonus Law as well as applicable City of San Diego housing incentives. The subject property's location within the Barrio Logan submarket is directly adjacent to one of San Diego's most vibrant restaurants scenes and cultural hubs, in addition to being within walking distance of various public transportation options and having direct freeway access only 3 blocks away. As a redevelopment site, 1674 Newton Avenue offers a compelling balance of zoning flexibility, coastal adjacency and urban connectivity. Its combination of high-density residential entitlements, Coastal Zone positioning and irreplaceable central San Diego location makes this opportunity especially well aligned with current demand for new housing within supply-constrained coastal submarkets.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning RM-3-7

Interior

Fireplace No

Exterior

View Y/N No

Present Use Commercial,Industrial,Residential,Single Family

Building

Lot Description Level

Others

Senior Community No

Tax ID 5380303300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Michael Greiner CBRE #01844828

Nearby Locations

GET MORE INFORMATION

Monica Franco

Monica Franco

+1(951) 538-6607

Agent | License ID: 01743095

Agent License ID: 01743095

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Monica Franco, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.