Asking Price: $8,995,000

Rare opportunity to acquire desirable land parcel with entitlement in vibrant North Park with 360 degree views of all of San Diego. The scarcity of land this size for sale in San Diego’s uptown neighborhoods adds to the uniqueness of being able to acquire and build a very sizeable project. The ability to start planning a development now with preliminary review of a 133 unit mixed use project. The site contains a large, flat, hard corner with alley access and 140 feet of street frontage on Adams Avenue. 17,500SF Site | 0.402 Acres | 140' x 125'. Complete Communities Tier 3 (FAR 6.5). Historical, Environmental, Survey, Geotechnical Reports, and other due diligence reports available. Covered Land Play. Ministerial Approval. Strong Rental Market. Under Supply of Housing Units. 93 Walkscore - Walker's Paradise. America's Best Hipster Neighborhoods - Forbes. The proximity to downtown San Diego employment, the airport, and three major freeways create convenience in and out with a variety of routes to and from work and services. This is a prime area for multifamily sites in Southern California, with new establishments rising in adjacent areas. Located near San Diego Airport, the 8, 5, & 805 Freeways, San Diego State University, University of San Diego, and North Park San Diego's wide array of dining, shops and entertainment with a rated Walker's Paradise score of 93. The apartment rents in this market have consistently outperformed. The site provides walkability to green outdoor parks, restaurants, bars, and cafes.