About 316 31st Street
PRICE REDUCED. National City multifamily/mixed-use development opportunity. Roughly 8,700 SF of lightly-sloped land. Mixed-use zoning (MXC-2), zoned for up to 17 multifamily units. Previously fully entitled for 12 new multifamily units and 12 off-street parking spaces; those plans are on hold at City. Geotechnical, other applicable reports, and prior-approved 12-unit design plans available. Value-engineered upgraded floorplan options for higher rent and additional square footage available. Full project summary and detailed financial estimates provided upon request. All applicable plans are ready for transfer to buyer, or buyer can create its own. Up-and-coming National City market in the path of progress. Close proximity to bayfront, parks, shopping, transportation, and infamous Mile of Cars. New multifamily construction in this submarket typically commands high rents, strongly supported by the housing demand from military bases in the area. Estimated total acquisition + construction costs likely yields healthy potential profit on completed construction.
Features of 316 31st Street
| MLS® # | PTP2502986 |
|---|---|
| Price | $900,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 2024 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 316 31st Street |
|---|---|
| Area | 91950 - National City |
| City | National City |
| County | San Diego |
| State | CA |
| Zip Code | 91950 |
Listing Map
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Lot Description | Sloped Down, Gentle Sloping, Near Park, Near Public Transit, Rectangular Lot, Tear Down, Value In Land |
|---|
Additional Information
| Date Listed | April 25th, 2025 |
|---|---|
| Days on Market | 59 |
| Zoning | MXC-2 (mixed use) Zoned |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Max Delbecq |
|---|---|
| Office | Top Gun CRE |