2132-36 Irving Ave, Logan Heights, CA 92113

Property Description

STRATEGIC VALUE-ADD HIGH-DENSITY DEVELOPMENT OPPORTUNITY! Rare 3-unit investment on one large lot in an unparalleled location. This property includes a detached 3-Bedroom/1-Bath SFR plus two attached 1-Bedroom/1-Bath units, providing an immediate path to income once renovated. Property requires substantial renovation (SFR needs updating; attached units need fire repair), offering a blank canvas for maximizing returns. Favorable RM2-5 zoning. Located within an Opportunity Zone, Promise Zone and designated Complete Communities Tier 3 with a highly desirable 6.5 FAR (Floor Area Ratio), allowing for significant future density and expansion. close proximity to Downtown San Diego, the Coronado Bridge, and the I-5 freeway, ensuring high renter demand and future appreciation. DO NOT MISS THIS TRUE VALUE-ADD AND DEVELOPMENT PLAY! STRATEGIC VALUE-ADD HIGH-DENSITY DEVELOPMENT OPPORTUNITY! Rare 3-unit investment on one large lot in an unparalleled location. This property includes a detached 3-Bedroom/1-Bath SFR plus two attached 1-Bedroom/1-Bath units, providing an immediate path to income once renovated. Property requires substantial renovation (SFR needs updating; attached units need fire repair), offering a blank canvas for maximizing returns. Favorable RM2-5 zoning. Located within an Opportunity Zone, Promise Zone and designated Complete Communities Tier 3 with a highly desirable 6.5 FAR (Floor Area Ratio), allowing for significant future density and expansion. close proximity to Downtown San Diego, the Coronado Bridge, and the I-5 freeway, ensuring high renter demand and future appreciation. DO NOT MISS THIS TRUE VALUE-ADD AND DEVELOPMENT PLAY!