5005-5023 63rd Street, San Diego, CA 92115

Offer Price:

Market

Zoning:

RM-2-5

Zoning Overlay:

CCHS Tier 3

APN:

467-200-23-00

467-200-24-00

467-200-25-00

Lot Size:

±33,400 SF

Status:

Active

Submarket:

College Area

Property Type:

Land

Strategy:

Value-Add

Exceptional urban infill redevelopment opportunity in the heart of San Diego’s highly sought-after College Area. Located at 5005, 5011 & 5023 63rd Street, this ±33,400 square foot assemblage presents developers and investors with a rare opportunity to control a large-scale site positioned just minutes from SDSU, one of Southern California’s strongest demand drivers for housing.

The site is zoned RM-2-5 and benefits from SDA, TPA, and CCHS Tier 3 incentives, allowing for up to 6.5 FAR and significant residential density. Combined with income from seven existing units and its prime location near SDSU, transit, and major amenities, the property offers a rare opportunity to generate holding income while pursuing a high-density multifamily development.

 

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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

12780 High Bluff Drive | San Diego, CA 92130

John Lochrie

Associate | San Diego Region

john.lochrie@colliers.com

CA Lic. ‍02347628

Direct: +1 858 410 0588 | Mobile: +1 954 684 7116

12780 High Bluff Drive | San Diego, CA 92130