Presenting 2701–11 Imperial Avenue, a rare full-corner mixed-use asset located in the heart of Grant Hill, just two miles from Downtown San Diego. This centrally positioned 14-unit property offers a unique mix of (9) SRO-style residential units and (5) commercial storefronts, including two long-standing, 4.8-star Yelp-rated tenants: Ferchaladas and Ana’s… Read More Fruit & Deli. Set on a ±5,196 SF lot and zoned CN-1-3, the property sits within multiple development-enhancing overlays including Complete Communities Tier 3, a Transit Priority Area, and a Qualified Opportunity Zone. Under these programs, the site may allow for up to 6.5 FAR and ±46,000 buildable SF, subject to buyer verification—making it well-suited for a range of strategies including lease-up, repositioning, or full redevelopment. Whether acquired for long-term cash flow or future infill development, the property benefits from central access to Downtown, Balboa Park, Logan Heights, Golden Hill, Sherman Heights, and major freeways. Surrounding the site are numerous public and private redevelopment efforts, contributing to steady growth in one of San Diego’s most strategically located urban corridors. Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment only — please do not disturb tenants or businesses. Reach out to listing agents for more information. Ivan Del Muro-Garcia 619-623-2132 [email protected] Lic#0216936 Read Less
Listing Snapshot
Days Online
7
Last Updated
Lot Size
0.12 Acres
Year Built
1930
MLS Number
NDP2510577
Additional Details
Building
Built in 1930, 2 buildings, 3 stories, Entry level: 3, Entry location: East and West
Community
Biking, Curbs, DogPark, Park
Expenses
Operating: $75,033
Home Owner's Association
Association Fee: $0
Income
Gross Income: $164,568, Gross ScheduledIncome: $164,532, Net Operating Income: $84,598
Laundry
None
Lot
0.1193 acres, SixteenToTwentyUnitsAcre
Pool
None
Sewer
PublicSewer
Taxes
Parcel Number: 5356910100, Lot: Lot L, Zoning: Zoned CN-1-3, Complete Co
Utilities
6 separate electric meters, 6 separate gas meters, 6 separate water meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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