CBRE is pleased to present for sale 2475 Imperial Avenue, an unentitled +/- 7,013 square foot development site covered by +/- 4,500 Square Feet of existing retail in the heart of Logan Heights. This prime owner-user or development opportunity presents a compelling story for a multifamily residential development in the heart of the rapidly evolving Logan Heights neighborhood of San Diego. The property is strategically located near transit and benefits from the City of San Diego complete communities zoning regulations which allows development of up to a 6.5 Floor-Area-Ratio, allowing a developer to achieve a maximum gross building square footage of +/- 45,584 Square Feet. The current improvements on the site consist of +/- 4,500 square feet of vacant retail. This site is ideal for a dense, transit-oriented project with views of Coronado, downtown, and balboa park all proximate to employment hubs and San Diego's most prominent amenities such as Coronado, Petco Park, Balboa Park, the Gaslamp District and much more. This property represents a rare opportunity to capitalize on the demand for attainable rental housing in a rapidly evolving and high-growth area of San Diego. PROPERTY IS VACANT CONDITION OF SALE: PROPERTY IS BEING SOLD AS A COURT ORDERED SALE BY THE SUPERIOR COURT OF THE STATE OF CALIFORNIA IN AND FOR THE COUNTY OF SAN DIEGO. CASE NUMBER 37-2023-00007319-CU-OR-CTL. ALL PURCHASE AND SALE AGREEMENTS WILL BE SUBJECT TO THE APPROVAL OF THE COURT. CONTACT LISTING AGENT FOR ADDITIONAL INFORMATION