Properties

San Diego, CA 92113 3141 Imperial Avenue

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Presented By: Gary Weddle with Southwest Equity Partners; 858-729-4646
  • MLS# NDP2601746
  • 01/01/2026
  • Get pre-approved
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  • SQFT • 3,942

Home Details

The Weddle Group of TWG Commercial is pleased to present for sale 3141โ€“43 Imperial Avenue, an eight-unit multifamily property located in the heart of San Diego, California. This asset represents a rare true value-add and development opportunity, offering meaningful upside through renovation, repositioning, and potential redevelopment. The property is well-suited for private investors, multifamily developers, and value-add operators seeking a well-located transit-adjacent opportunity in a rapidly evolving corridor. The property benefits from direct frontage along the newly funded Imperial Avenue Bikeway, scheduled for completion in 2026, which is expected to enhance connectivity, accessibility, and long-term neighborhood appeal. The large, well-configured lot provides substantial development potential and compares favorably to recent multifamily projects in the immediate area. The property, located in an opportunity zone, is immediately adjacent to a San Diego Trolley station, positioning the site to maximize allowable density and development incentives under the City of San Diegoโ€™s Complete Communities Initiative and California Senate Bill 79, which takes effect July 1st. These policies create a favorable framework for increased residential development, reduced parking requirements, and streamlined approval pathways, making this property particularly attractive to developers, QOZ funds, and institutional capital. The asset will be delivered with three units vacant, allowing a new owner to implement renovations and reposition the property immediately. In addition, there are three vacant two-car garages featuring existing plumbing and electrical infrastructure with direct access to a private courtyard, providing an excellent opportunity for ADU conversion and additional income potential. Under no circumstances should the property be entered or tenants disturbed. All inquiries must be directed exclusively to the listing agent, Gary Weddle.
Presented By: Gary Weddle with Southwest Equity Partners; 858-729-4646

Interior Features for 3141 Imperial Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NNo
Total Stories2

Other Rooms

Entry Level1

General for 3141 Imperial Avenue

Cap Rate5.06
CitySan Diego
CountySan Diego
Directions3141-53 Imperial Avenue, San Diego, CA 92113
HOA Fee$
Insurance Expense9600
Listing TermsCash, Cash to New Loan, Private Financing Available
MLS Area92113 - Logan Heights
Net Operating Income106313
Number Of Units Total8
Number of Units Leased4
Operating Expense65732
PostalCitySAN DIEGO
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Trash Expense4135
Virtual TourClick here
Year Built1960
Year Built SourceEstimated
ZoningRM-3-7

Exterior for 3141 Imperial Avenue

Building Area Total3942
Lot Features0-1 Unit/Acre
Lot Size Area12535
Lot Size SourcePublic Records
Number of Buildings6
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,900,000
MLS#NDP2601746
List Date 01/01/2026
Property Type Commercial
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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