827 Jacumba St, San Diego, CA 92114
List Price: $1.5M
Listing Status: Active
Original List Price: $1.7M
0Days on Market: 122
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 20,000 sq ft
MLS Number: 260002956SD
About This Property
827 Jacumba Street is a fully entitled, ready-to-issue 38-unit multifamily development opportunity located in the Lomita Village / Skyline area of San Diego. All discretionary approvals have been obtained, plans are complete, and the project is positioned for an expedited start to construction with no remaining entitlement approvals required. The project includes 36 new-construction micro-units within a three-story residential building, along with the conversion of an existing single-family residence into two (2) legal dwelling units, for a total of 38 units. The proposed design features efficient floor plans and Type V-B construction, supporting attainable rental rates and streamlined development. The approximately 20,000 SF site is zoned RS-1-7 and is located within both a Sustainable Development Area (SDA) and Transit Priority Area (TPA), allowing the approved density through ministerial processing. These overlays reduce entitlement risk and provide clarity on development timelines. The property may be suitable for a traditional land acquisition or alternative transaction structures. Ownership is open to discussions regarding potential joint venture or equity participation with qualified parties, subject to negotiation.
Listing provided by: Aaron Bove DRE #01318320 858-455-1515 aaron.bove@colliers.com, Colliers International
Source: CRMLS, MLS #: 260002956SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.