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4553 55th St

San Diego, CA 92115

$1,445,000

Land For Sale  •  0.26 ac

Property Details

  • Property Type Land
  • Lot Size 0.26 ac
  • Zoning RM-3-8
54 Transit Score
72 Walk Score

Description

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.

Highlights

0.26 Acre Site in the Densely Populated College Area of San Diego Close to San Diego State University
Potential for Development of up to 30 Multifamily Units
Conveniently Located for Access to SDSU Campus and Surrounding Job & Entertainment Centers

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) Commuter Rail (Coaster) 15 min - 8.3 mi
Old Town Transit Center Commuter Rail (Coaster) 16 min - 8.9 mi
AirportDriveWalkDistance
San Diego International Airport 17 min - 10.2 mi
McClellan-Palomar Airport 46 min - 34.0 mi
Allen Chitayat 858-546-2644 CBRE
Allen Chitayat 858-546-2644 CBRE