855.375.4001
Listed by ray@elegantcahomes.com - Ray Stendall - eXp Realty of California, Inc
$2,600,000 affordable loan icon Calculate Payment

3096 National Avenue San Diego, CA 92113

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Retail Residence
Beds
Baths
... Bed/Bath
4,241 Sq. Ft.

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Last updated on 7/6/2024 11:57 PM
Introducing a premier investment opportunity at 3096 National Avenue, nestled in the heart of San Diego's Logan Heights neighborhood. This location isn't just a property; it's a gateway to endless potential in one of the city's most up-and-coming areas. Currently fully tenanted, this 17,568-square-f...oot development property offers positive cash flow, backed by a solid 4.17% CAP rate. With leases securing steady income, envision the immediate returns as you plot its future transformation. Situated strategically within a corridor of growth and opportunity, 3096 National Avenue benefits from its CC-3-6 Multi-Use and Opportunity Zone designation. The locale is situated for development, lying just a stone's throw from the thriving San Diego Naval Base, an 8-minute drive to the thriving Port of San Diego, and within easy reach of schools, public transit, and new shopping experiences. Why invest here? Logan Heights is on the brink of a renaissance, with 3096 National Avenue at its center. The area's expansion, fueled by its proximity to vital economic drivers, offers an investor the perfect canvas for a visionary mixed-use development combining retail excellence with residential luxury. Imagine a development where the ground floor buzzes with retail activity, while above, residential units offer breathtaking bay and city skyline views. This property comes with a concept for a mixed-use marvel, envisioning ten units per floor that promise not just a place to live or work, but a community to thrive in. 3096 National Avenue represents more than an investment; it's a cornerstone for future success in San Diego's real estate landscape. We invite you to seize this unparalleled opportunity, imagine the possibilities, and then make them a reality. Your future at Logan Heights begins today. Continue reading
MLS#
NDP2402228
Property Type
Retail
Year Built
1930
Square Feet
4,241 sq. ft

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Listed by ray@elegantcahomes.com - Ray Stendall - eXp Realty of California, Inc
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 7/6/2024 11:57 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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