4476–4478 Ocean View Blvd, San Diego, CA 92113

Offer Price:

Market

Zoning:

RM-2-5

Permits:

29 Units RTI

APN:

547-621-33-00

Lot Size:

±10,543 SF

Status:

Active

Submarket:

Central

Property Type:

Land

Strategy:

Value-Add

4476–4478 Ocean View Boulevard presents a rare opportunity to acquire a fully permitted, construction-ready multifamily development site in the Southeastern San Diego neighborhood. The project has received building permits and RTI approval for a 29-unit residential community consisting of 27 newly constructed ADUs, one garage-conversion ADU, and the preservation of the existing single-family residence.

The approved development consists of a three-story residential building totaling approximately 14,061 gross square feet and 13,355 rentable square feet, offering an efficient unit mix designed to serve San Diego’s growing workforce housing demand. The project incorporates a mix of studio and one-bedroom floor plans, maximizing rental efficiency while providing attainable housing in a market characterized by chronic supply constraints and continued population growth.

 

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Listed By:

Aaron Bove
Executive Vice President | San Diego Region
aaron.bove@colliers.com
CA Lic. 01318320

Direct: +1 858 677 5319 | Mobile: +1 858 945 7094

4350 La Jolla Village Drive, Suite 500 | San Diego, CA 92122