Land For Sale
CBRE is pleased to present 4553-57 55th St, a 0.26 Acre site in the densely populated College Area of San Diego. The site is located within a City of San Diego Transit Priority Area which allows for up to a 100% density bonus for new development, along with reductions in parking requirements. The base zone of the site is RM 3-8 which allows for multifamily development at (1) unit per 800 SF of lot space. However, taking advantage of the Transit Priority Area Density Bonus regulations in tandem with Affordable Housing Density Bonus regulations, could allow for a potential development of approximately 30 multifamily units.
The site is located in a residential area just North of the main East/West thoroughfare of El Cajon Blvd. The location is just over a mile from San Diego State University and sits just West of College Ave, providing convenient access to the campus and to Interstate 8, which connects the area to nearby job centers and local attractions.