2435 Imperial Avenue, San Diego, CA 92102
Property · 2 recorded sales since 2021
Sold April 2024
Listing Agent: Erik Anderson (DRE #01991182) · Listing Office: NorthMarq Multifamily · Contact: 858-675-7865 · Bought with: Erik Anderson · NorthMarq Multifamily · MLS #240001530SD · Source: CRMLS
About this property
We are excited to introduce a new development opportunity, “Imperial Avenue Apartments,” located at 2435 Imperial Avenue in the Logan Heights submarket of San Diego, California. This is a fully entitled and approved, permit ready project allowing for a streamlined construction process that will bypass the challenging permitting process in San Diego. The shovel-ready nature of this project enables developers to commence construction almost immediately, creating a prominent landmark in the heart of Logan Heights for years to come. Situated at 2435 Imperial Avenue, this project presents a unique chance for developers to address the high demand for housing in the supply-constrained market of Logan Heights. Carefully designed plans align with the neighborhood’s requirements and needs, as well as the Complete Communities Plan, making this a great development opportunity. Tenants will enjoy convenient access to essential retail within a short walking distance and have excellent connectivity to various transit options just a stone’s throw away. Imperial Avenue Apartments is a 37-unit project featuring a street-fronting ground-floor commercial space. The design includes a 4-story, 22,779 square-foot wood-framed structure with dedicated motorcycle and bicycle parking situated on a 7,013 square-foot lot. To align with Complete Communities guidelines, five of the 37 units are designated as affordable.
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history
