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Brian Aarestad, Sales Associate
SOLD
$1,625,000
Date 01/31/2022

4458-64 30th St.
San Diego, CA 92116

Other
Residence
2,521
Sqft
0.16
Lot Size
Courtesy: Terry Moore - Apartment Consultants Incorporated

Description for 4458-64 30th St. San Diego, CA 92116

Development Site. Potentially 51 apartments. No height limits! San Diego’s new Complete Communities plan allows for a floor area ratio for 6.5 times the land area. This dramatic change will enable our community to accommodate our growing population. SANDAG studies indicated that our county has an approximately 100,000-unit rental shortage. San Diego's premier urban economists London Moeder have analyzed the site. Their analysis indicates that a competent developer can pay $2,750,000 for this site and attain an adequate return on investment, even below the maximum allowable density. The builders who start the soonest will be meeting the most intense pent-up demand. In three to five years the modified zoning may result in some “catch-up” construction, i.e. there might be an 80,000- 95,000 unit shortage.

Property Details

210028862
Other, 1 Story
San Diego
1945
0.16 Acres
1
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Courtesy: Terry Moore - Apartment Consultants Incorporated
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS. 
This content last refreshed on 4/26/2024 7:10 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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Brian Aarestad Dean Stalter, Broker DRE# 00625377 - 2355 Northside Drive Ste. 180, San Diego, CA 92108 | Phone: (858) 525-3262 | Email: baarestad@bhhscal.com

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