639 15TH ST San Diego CA 92101-7317

St. Rocco Properties is pleased to present a rare multi-parcel redevelopment assemblage located at the signalized intersection of 15th & Market Streets in Downtown San Diego’s East Village. The offering consists of three contiguous parcels totaling approximately 37,766 square feet (±0.87 acres), positioned on three sides of the block with prominent frontage along Market Street, 15th Street, and 16th Street.

The site is zoned CCPD-ER (Centre City Planned District – East Village), allowing for high-density mixed-use development with residential, office, and active ground-floor commercial uses. Under current zoning, the property supports up to 6.00 FAR, offering developers significant density in one of Downtown San Diego’s most rapidly evolving submarkets.

An existing Carrier Johnson conceptual yield and massing study provides a preliminary framework for a mid- to high-rise mixed-use project, offering a meaningful head start on design, entitlement strategy, and underwriting. The site’s configuration allows for efficient podium-style development with structured parking and active street-level retail.

The property is steps from the Park & Market and 12th & Imperial Trolley Stations, providing direct access to the San Diego Trolley’s Blue, Orange, and Green Lines—connecting Downtown, Mission Valley, and the South Bay. The site is also directly adjacent to the new East Village Green, a multi-block public park currently under development, which is expected to materially enhance long-term residential demand, retail vitality, and overall placemaking.

East Village continues to benefit from sustained public and private investment driven by proximity to Petco Park, UC San Diego Park & Market, and Downtown San Diego’s highest residential density designation under the Downtown Community Plan. With strong in-fill demographics, walkable urban amenities, and multiple development paths, the offering presents an attractive opportunity for land-banking, entitlement, or near-term mixed-use execution.