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Property

San Diego, CA 92113 235 37 S Willie James Jones Avenue

235 37 S Willie James Jones Avenue San Diego, CA - Image 1235 37 S Willie James Jones Avenue San Diego, CA - Image 2235 37 S Willie James Jones Avenue San Diego, CA - Image 3
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235 37 S Willie James Jones Avenue San Diego, CA - Image 4235 37 S Willie James Jones Avenue San Diego, CA - Image 5235 37 S Willie James Jones Avenue San Diego, CA - Image 6235 37 S Willie James Jones Avenue San Diego, CA - Image 7235 37 S Willie James Jones Avenue San Diego, CA - Image 8235 37 S Willie James Jones Avenue San Diego, CA - Image 9235 37 S Willie James Jones Avenue San Diego, CA - Image 10235 37 S Willie James Jones Avenue San Diego, CA - Image 11235 37 S Willie James Jones Avenue San Diego, CA - Image 12
Presented By: Eric von Bluecher with Lee & Associates; evb@lee-associates.com
  • MLS# NDP2504610
  • 05/09/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 1
  • SQFT • 1,592
  • Year Built • 1950

Home Details

Incredible Development Opportunity Near Downtown San Diego Presenting 235–237 S Willie James Jones Ave—a prime development site located in the rapidly evolving neighborhood of Logan Heights, just minutes from Downtown San Diego. Set on a ±14,367 SF lot zoned RM-2-5, this property offers exceptional potential with up to 9 units allowed by right, and significant density bonuses available through the Complete Communities Tier 3 program. The site currently includes a well-maintained duplex with two 2BR/1BA units, generating $3,425/month in gross rental income—providing valuable cash flow during the planning or entitlement phase. Located within a Transit Priority Area (TPA), Sustainable Development Area (SDA), and Qualified Opportunity Zone, the property benefits from development incentives such as reduced parking requirements, expedited permitting, and potential tax advantages. Surrounding the property are major redevelopment efforts, including the planned 80-unit Southwest Village by Related Companies and several new multifamily projects, further enhancing long-term value. Highlights: ±14,367 SF lot (RM-2-5 zoning) Two existing income-producing units Potential for up to ±91,000 SF under Tier 3 Complete Communities (FAR up to 6.5×) Transit- and incentive-rich location (TPA, SDA, Opportunity & Promise Zones) Surrounded by new and upcoming development Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment only—please do not disturb tenants. Please contact listing agent for more information - Ivan Del Muro-Garcia| 760-448-2451
Presented By: Eric von Bluecher with Lee & Associates; evb@lee-associates.com

Interior Features for 235 37 S Willie James Jones Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories1

Other Rooms

Entry Level1

General for 235 37 S Willie James Jones Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate1.97
Carport Y/NNo
CitySan Diego
Community FeaturesDogPark, Golf, Park, StreetLights, Sidewalks, Urban
CountySan Diego
Directionswest on imperial ave and south on willie james jones ave. contact listing agents for more info - idmg@lee-associates.com | 760-448-2451
Electric On Property Y/NNo
Entry Location2
Garage Spaces0.0
Garage Y/NNo
Gross Income37500.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Exchange1031, FHA, FannieMae, FreddieMac
Lot Size Square Feet14367.0
Lot Size UnitsSquareFeet
MLS Area92113 - Logan Heights
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Tax Lot53
Taxes$11,495
Trash Expense0.0
Virtual TourClick here
Virtual TourClick here
Year Built1950
ZoningRM-2-5

Exterior for 235 37 S Willie James Jones Avenue

Building Area Total1592.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwentySixToThirtyUnitsAcre
Lot Size Acres0.3298
Lot Size Area14367.0
Lot Size SourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $950,000
MLS#NDP2504610
List Date 05/09/2025
Property Type Multi-Family
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