858-945-7094
5023 63rd St, San Diego, CA for Sale
Apartments - FOR SALE
1/3
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5023 63rd St
San Diego, CA 92115
College East


OVERVIEW

The property is situated on a generously sized lot with RM-2-5 zoning and benefits from the Complete Communities Housing Solutions (CCHS) Tier 3 Overlay, Sustainable Development Area (SDA), and Transit Priority Area (TPA) designations, allowing for significantly increased residential density, reduced parking requirements, and a streamlined path to development. Currently improved with an income-producing residential property, the site offers holding income while a buyer advances redevelopment plans. Located less than a quarter mile from San Diego State University, the property is surrounded by strong rental demand, major employment centers, shopping, dining, and public transit, making it well suited for a new multifamily development.

FOR SALE DETAILS

PRICE

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# OF UNITS

2

CAP RATE

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% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RS-1-7

APN/PARCEL ID

467-200-23

ASK ABOUT THIS PROPERTY

Aaron BoveColliersMore Info
858-945-7094

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Aaron BoveColliersMore Info
858-945-7094

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.