9
See all 9 photos
$950,000
Est. payment /mo
0.33 Acres Lot
New
235 37 S Willie James Jones AVE San Diego, CA 92113
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2504610
HOA Y/N No
Year Built 1950
Lot Size 0.330 Acres
Property Sub-Type Duplex
Property Description
Incredible Development Opportunity Near Downtown San Diego Presenting 235–237 S Willie James Jones Ave—a prime development site located in the rapidly evolving neighborhood of Logan Heights, just minutes from Downtown San Diego. Set on a ±14,367 SF lot zoned RM-2-5, this property offers exceptional potential with up to 9 units allowed by right, and significant density bonuses available through the Complete Communities Tier 3 program. The site currently includes a well-maintained duplex with two 2BR/1BA units, generating $3,425/month in gross rental income—providing valuable cash flow during the planning or entitlement phase. Located within a Transit Priority Area (TPA), Sustainable Development Area (SDA), and Qualified Opportunity Zone, the property benefits from development incentives such as reduced parking requirements, expedited permitting, and potential tax advantages. Surrounding the property are major redevelopment efforts, including the planned 80-unit Southwest Village by Related Companies and several new multifamily projects, further enhancing long-term value. Highlights: ±14,367 SF lot (RM-2-5 zoning) Two existing income-producing units Potential for up to ±91,000 SF under Tier 3 Complete Communities (FAR up to 6.5×) Transit- and incentive-rich location (TPA, SDA, Opportunity & Promise Zones) Surrounded by new and upcoming development Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment only—please do not disturb tenants. Please contact listing agent for more information - Ivan Del Muro-Garcia| 760-448-2451
Location
State CA
County San Diego
Area 92113 - Logan Heights
Zoning RM-2-5
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Dog Park, Golf, Park, Street Lights, Sidewalks, Urban
View Y/N No
Private Pool No
Building
Lot Description 26-30 Units/Acre
Story 1
Sewer Public Sewer
Others
Senior Community No
Tax ID 5482422600
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac
Special Listing Condition Trust
Virtual Tour https://www.youtube.com/watch?v=FY1PsBro7qE
Listed by Eric von Bluecher • Lee & Associates • evb@lee-associates.com