Multi-Family
3505 Wilshire Terrace
3505 Wilshire Terrace, San Diego, CA 92104
Listing Price: $1,800,000
Investment Overview
Marcus & Millichap is pleased to present a rare development opportunity in the North Park neighborhood of San Diego, CA. This vacant 6,140SF lot has past plans for either a 12 or 24-unit multifamily development giving the next owner a head start when developing and resubmitting to the city for permits.
3505 Wilshire Terrace has a base zoning of RM-3-7 and a Tier 3 Complete Communities designation. This project can be optimized for affordable housing density bonus, microunit laws, and zero parking regulations.
PAST BUILDING PLANS AND COMMENTS AVAILABLE UPON REQUEST
Exclusively Listed By
Financing By
Listing Price: $1,800,000
Investment Highlights
- Past Studies Complete to be Provided
- Prime Location for New Development
- Past Plans for 12 or 24 Units
Investment Overview
Marcus & Millichap is pleased to present a rare development opportunity in the North Park neighborhood of San Diego, CA. This vacant 6,140SF lot has past plans for either a 12 or 24-unit multifamily development giving the next owner a head start when developing and resubmitting to the city for permits. 3505 Wilshire Terrace has a base zoning of RM-3-7 and a Tier 3 Complete Communities designation. This project can be optimized for affordable housing density bonus, microunit laws, and zero parking regulations. PAST BUILDING PLANS AND COMMENTS AVAILABLE UPON REQUEST
Exclusively Listed By
Financing By
