Located in the heart of San Diego’s Linda Vista neighborhood, 2224-26 W Jewett Street presents a prime redevelopment opportunity with solid income potential and significant future upside. Priced at $1,900,000, this ±10,688 SF lot (APN: 431-343-10-00) is zoned RM-3-7, allowing for multifamily residential development in one of the city’s most desirable high-opportunity areas. With a price of $177.77 per lot square foot, this site offers an exceptional value for investors or developers looking to capitalize on San Diego’s increasing housing demand. The property currently includes two 1-bedroom, 1-bath units, totaling approximately 1,248 square feet of rentable space. These units are generating a combined monthly income of $3,500, offering income while entitlements or redevelopment plans are pursued. Situated within the Complete Communities Housing Solutions Tier 4, the parcel benefits from a generous FAR of 4.0x, dramatically increasing the buildable area to over 42,700 SF. It also falls within the Sustainable
MLS #
SD250024536
MLS Source
San Diego MLS
Days on Site
12
Fencing
None
Lot Description
Grade - Level
Utilities
Other, Other
is in San Diego, CA 92111. This Land is currently priced at $1,900,000.
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This listing information is up-to-date as of April 15, 2025. For the most current information, please contact Aaron Bove, (858) 945-7094