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Multi-Family

3505 Wilshire Terrace

3505 Wilshire Terrace, San Diego, CA 92104

Listing Price: $1,800,000

Lot Size
0.14 acres
Price/Acre
$12,770,033
Land Type
Land

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

Investment Highlights

  • Past Studies Complete to be Provided
  • Prime Location for New Development
  • Past Plans for 12 or 24 Units

Exclusively Listed By

Financing By

Multi-Family

3505 Wilshire Terrace

Listing Price: $1,800,000

Lot Size
0.14 acres
Price/Acre
$12,770,033
Land Type
Land

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

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