Property Detail

Description

We present an exceptional investment opportunity with the property at 945 N Avenue, in National City, California. This 1.57-acre parcel lies in the high growth submarket of National City and offers supreme optionality for multifamily development. The true potential of 945 N Avenue lies in its versatility. Developers can opt to build the current proposed plans which include 58 surface parked units on the site. A new owner could also further maximize the site’s potential by utilizing current by-right high density residential zoning, allowing up to 75 units per acre. The site, located in a qualified opportunity zone, offers a chance to build market rate, workforce, senior, or affordable housing in National City’s booming residential market.