186–2190 & 2194 National Avenue presents a covered land, mixed-use investment opportunity in the heart of Barrio Logan. The ±13,728 SF site spans multiple parcels and is governed by the Barrio Logan Planned District with CC-3-6 zoning, benefiting from strong incentive overlays including Complete Communities, Coastal Zone, TPA, SDA, and the Promise Zone, which support increased density and reduced parking requirements. The property is currently improved with three cottage residential units, a single-family residence, a two-unit retail building, and a commercial kitchen, providing in-place income and immediate functionality. Investors may pursue a near-term value-add strategy through renovation and repositioning of the existing improvements to increase cash flow, or view the asset as a longer-term mixed-use redevelopment opportunity. The existing income allows the property to function as a covered land play, offering flexibility, downside protection, and multiple execution paths in one of San Diego’s most dynamic urban submarkets.