NEW! Buy and sell safely with virtual options - Learn More
About the Listing SAND-4473 - SAND-708107
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.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Vacant Land
MLS ®
260011544SD
Year Built
Total Square Footage
0
Lot/Acreage
0.49
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: RM-3-7
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5380303300
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1674 Newton Ave San Diego, CA 92113
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
