3055 India Street, San Diego, CA 92103

Property Description

Rare three-parcel development assemblage in San Diego’s Middletown/Uptown area offering panoramic San Diego Bay, Downtown skyline, harbor, airport and Point Loma views. Offered at $6,250,000, the approximately 14,156 SF site consists of 3055 India Street, 1321 W. Redwood Street, and the adjacent corner parcel at India Street and W. Redwood Street. Prominent India Street frontage, corner exposure, direct street access and exceptional proximity to I-5, Downtown, Little Italy and San Diego International Airport. City of San Diego parcel information identifies all three parcels as Complete Communities Housing Solutions (CCHS) Tier 3 / 6.5 FAR, within a Transit Priority Area and Mobility Zone 2, and as SB 79 Eligible Sites (2026) within 1/4 mile of transit. The two India Street parcels are zoned CC-3-4; 1321 W. Redwood Street is zoned RM-2-5. Potential uses include multifamily residential, mixed-use residential/commercial, retail and other uses permitted by applicable zoning and development regulations. Existing improvements include an approximately 2,808 SF commercial/retail building at 3055 India Street and an approximately 1,040 SF residence at 1321 W. Redwood Street; the corner parcel is vacant commercial land. Existing improved parcels are served by water and sewer. 3055 India Street is also offered separately for $2,250,000. Offering Memorandum and additional property information available from Listing Broker. Listing Broker has an ownership interest in 3055 India Street. All lot areas, boundaries, zoning, CCHS/SB 79 applicability, FAR, density, height, permitted uses, views, utilities, development capacity and entitlement potential shall be independently verified by Buyer with the City of San Diego and Buyer’s own consultants.