1460 India Street presents an opportunity to acquire a covered land asset in the heart of San Diego’s Little Italy neighborhood. The property consists of approximately 10,003 square feet and is currently operated as a surface parking lot leased to Diamond Parking Services, LLC, providing in-place income while allowing an investor to evaluate future redevelopment opportunities. The lease structure includes a landlord termination right with 60 days’ notice, creating flexibility for a future development timeline. Positioned within one of Downtown San Diego’s most active mixed-use districts, the site benefits from proximity to the waterfront, Seaport Village, the Gaslamp Quarter, Petco Park, Balboa Park, San Diego International Airport, and the Santa Fe Depot transit hub. The surrounding neighborhood is known for its walkability, established dining scene, residential density, and continued investment activity, supporting long-term demand for new mixed-use development. The property is designated CCPD-ER (Employment/Residential Mixed-Use) and is located within the Complete Communities Housing Solutions Tier 1 area. According to the offering materials, the site benefits from no Floor Area Ratio limitation under the applicable Tier 1 designation, offering flexibility for future planning and building design. The parcel is also identified with a Multiple Use land use designation and an Adequate Sites Inventory potential of 123 units, subject to buyer verification and applicable approvals. For investors seeking current income combined with redevelopment optionality, 1460 India Street offers a rare opportunity to control a strategically located downtown parcel within one of San Diego’s most recognized urban neighborhoods.