4137 Louisiana Street, North Park, CA 92104
- $1,500,000
- List Price
- $1,500,000
- Price Change
- ▼ $100,000 1748477683
- Status
- ACTIVE
- MLS#
- 250016987SD
- Lot Size(apprx.)
- 4,886
Property Description
$100k Price Reduction! We are excited to present the opportunity to acquire 4137 Louisiana Street, a rare shovel-ready development site in prime North Park, one of San Diego’s most highly coveted neighborhoods. The site is fully entitled for the development of 12 luxury apartment homes but lies within a Tier 3 Complete Communities Housing Solutions zone allowing for re-entitlement and development allowing a buildable FAR of 6.5. The property also lies within a Designated Opportunity Zone. 4137 Louisiana Street is a ± 4,885 square foot development site fully entitled for 12 luxury apartment homes and allows a developer access to the highly competitive North Park Development market without facing any entitlement risk or municipal processes. The permit-ready development site is located just off of University Avenue and under two blocks away from the Lafayette Hotel which sits along the vibrant El Cajon Blvd in the heart of North Park. The plans for development have been meticulously designed to be aesthetically pleasing while maximizing rental income and quality urban living.
/u.realgeeks.media/murrietarealestatetoday/irelandgroup-logo-horizontal-400x90.png){kind=logo}
Mortgage Calculator
Listing courtesy of Listing Agent: Allen Chitayat (allenchitayat@gmail.com) from Listing Office: CBRE.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.