Property Details
About this Property
The subject property is a 5,013 square foot site located at 1620 Union Street in the heart of Little Italy. The property is currently improved as a surface parking lot. The current owner has a month-to-month lease agreement with LAZ parking (terms of the agreement can be found on page 11 of the Offering Memorandum). Designed by Jonathan Segal FAIA Design, the offering includes a Site Development Permit for an Air Rights Tower to construct a 24-story, 250-foot tall residential development, totaling approximately 109,546 SF and compromised of 73 residential dwelling units and 70 parking spaces within a fully-automated mechanical parking garage. At the time of approval, the project was improved with a historical, single family home, which was to be relocated to 2462-2648 Newton Avenue. The home was relocated in September 2023, thereby satisfying the condition and vesting the permit. The timeline for pulling a building permit is generally indefinite and the entitlements have no expiration date. Union Tower is loc
MLS Listing Information
MLS #
SD240028345
MLS Source
San Diego MLS
Days on Site
10
Lots & Land Information
Development Status
Site Plan Approved
Fencing
PartialFencing
Lot Description
Grade - Level
Present Use
Other
Parking, School, and Other Information
Zoning
CCPD-Res
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
is in San Diego, CA 92101. This Land is currently priced at $3,990,000. This address can also be written as , San Diego, CA 92101.
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This listing information is up-to-date as of December 13, 2024. For the most current information, please contact Eric Comer, (858) 369-3083
