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Coldwell Banker Realty
2252 Kearney Ave, Logan Heights, CA 92113
- $1,150,000
- Sold Price
- $1,150,000
- List Price
- $1,200,000
- Closing Date
- Mar 25, 2026
- Status
- CLOSED
- MLS#
- 250044577SD
- Days on Market
- 96
- Property Type
- Land
- Neighborhood
- Logan Heights
Property Description
Building plans are completed and permits are ready to issue, presenting a shovel-ready redevelopment across two combined parcels currently occupied by two single-family homes slated for demolition. Approved plans call for 11 newly constructed units—a new 2-bed/2-bath single-family residence plus 10 additional units, featuring a mix of efficient 2-bed units (~600–750 sq ft) and larger 4-bed units (~1,100–1,200 sq ft) totaling ~8,469 buildable sq ft. This diversified unit mix supports strong rentability across multiple tenant profiles while maximizing yield on cost. The property is located in an Opportunity Zone—offering potential tax advantages for qualified investors—and within the SDA Overlay. With completed plans and permits ready to issue, investors can bypass entitlement delays and move directly into construction. Building plans attached in Documents Section. Buyer responsible for remaining construction and permitting fees.
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Additional Information
- Water
- See Remarks
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Daniel Sipher (dan@sdlandmark.com) from Listing Office: Landmark Multifamily and Development.
Listing sold by Isaac Wentzien from Landmark Multifamily and Development
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.