237 S Willie James Jones Avenue new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92113
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2506665
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting 235, 237 S Willie James Jones Ave, a rare opportunity to own two standalone homes on one lot in the rapidly growing neighborhood of Logan Heights, just minutes from Downtown San Diego. Set on a generous 14,367 SF lot, this duplex-style property offers both income potential and long-term flexibility, making it ideal for investors, owner-occupants, or those pursuing a 1031 exchange. The property features two detached 2BR, 1BA units, each enjoying its own private yard space and a sense of separation, making it well-suited for long-term tenants or multi-generational living. Zoned RM-2-5, the lot also presents a future development upside with up to nine units allowed by right, and the potential for higher density through the Complete Communities Tier 3 program with an FAR of up to 6.5. Whether held for steady returns or long-term repositioning, this property checks multiple investment boxes. It is ideally located within several incentive zones, including a Transit Priority Area, Sustainable Development Area, and Qualified Opportunity and Promise Zones, which allow for reduced parking requirements, expedited permitting, and potential tax benefits. Surrounding the site are numerous redevelopment efforts, such as the planned 80-unit Southwest Village and a growing number of infill multifamily projects, all contributing to the areas upward momentum. Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment only, please do not disturb tenants. Contact: Ivan Del Muro-Garcia | 760-448-2451 | idmg@lee-associates.com
Location
State CA
County San Diego
Exterior
View Y/N No
Building
Story 1
Others
Virtual Tour https://www.youtube.com/watch?v=FY1PsBro7qE