Seller carry back financing available. This site is particularly well-suited for savvy multifamily developers eager to capitalize on San Diegos high-demand housing market. Based on preliminary research, several attractive paths are availableincluding multifamily housing development or specialty use projects. Prime Development Opportunity on J Street in the Heart of San Diego An exceptional opportunity awaits investors and developers on J Street, right in the center of San Diego. Ask agent for more details, we have two preliminary report done for potential plans. This prime parcel of land, offered at $1,348,000, spans 0.924 acres (40,281 sq. ft.), and is zoned for a wide variety of conditional and specialty uses. Its central location ensures unmatched accessibility to Downtown San Diego, Coronado, the International Airport, major hospitals, business hubs, and key freeways (I-5, I-15, I-805, and CA-94). Multifamily Development option: Envision a refined residential community of up to 26 spacious units, with each unit offering up to 1,936 sq. ft. of living space. Specialty Use option: Consider a thoughtfully designed three-story senior living facility, encompassing 29,628 sq. ft. The concept includes: Ground floor dedicated to common spaces such as a general activities area, adult care/development center, kitchen, and physical therapy room. Second and third floors featuring 47 beds, nurse stations, kitchens, and administrative offices. 30 parking spaces, including two ADA-accessible spots, ensuring convenience for staff, residents, and visitors. Whether you pursue a multifamily development or a specialty use project, this property represents a rare chance to create a meaningful, income-generating asset in one of San Diegos most desirable and connected locations.
