2104 G Avenue
Multifamily | 17 Units
Marketing description
2104 G Avenue presents a rare opportunity to acquire a fully entitled, permit-ready multifamily development site in National City. Designed through Construction Document (CD) stage by GTC Design, the approved project allows a buyer to proceed directly toward permit issuance and construction.
The approved plans call for the demolition of an existing single-family residence and development of a new 17-unit, three-story multifamily community totaling approximately 11,646 gross square feet, including covered at-grade parking. Leveraging RM-3 zoning and Density Bonus incentives, the project delivers a highly efficient unit mix designed to appeal to a broad renter base while providing the parking and modern amenities today's tenants demand.
Located minutes from Downtown San Diego, Naval Base San Diego, Chula Vista, and major South Bay employment centers, the property benefits from strong multifamily fundamentals and long-term housing demand. With entitlements complete, construction documents finalized, and a clear path to development, 2104 G Avenue offers investors and developers the ability to significantly reduce predevelopment risk and accelerate project delivery.
Investment highlights
- The 6,371 sq. ft. parcel is an established infill site with existing utilities and access
- The project is positioned for immediate building permit issuance
- Diverse mix of studios and one-beds catering to multiple renter profiles including military, young professionals and workforce households
- Designed as a wood-frame Type V-B structure over a Type II-B at-grade parking podium
- Undersupplied rental submarket with consistently low vacancy and strong rent growth
- The project is designed under California's Density Bonus Program, enabling 17 units
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