Little Italy Covered Land | Development Opportunity
$11,000,000
1460 India Street, San Diego, CA 92101
0.23 acres
Lot Area
CCPD-ER
Zoning
Details:
Description:
Commercial Asset Advisors is pleased to present the exclusive listing of 1460 India Street, a compelling covered land opportunity in the heart of Little Italy, allowing an investor to generate stable in-place income while advancing plans for a high-density redevelopment. The ±10,003 SF site is currently leased to Diamond Parking Services LLC, producing $780,000 in annual gross income with minimal landlord responsibility — offsetting carry costs during the entitlement and design phase.
Positioned within Downtown’s CCHS Tier 1 designation, the property carries no limit on Floor Area Ratio, giving a future developer significant flexibility to maximize unit count and building efficiency. Combined with its central position in Little Italy — one of Downtown San Diego’s most in-demand and rapidly densifying neighborhoods — this represents a rare, assembled land-banking opportunity just blocks from the Waterfront, Little Italy’s restaurant row, and the Santa Fe Depot Trolley Station.
In the meantime, investors retain full optionality: hold 1460 India Street as a low-management, cash-flowing asset today, or advance entitlements toward Tier 1 mixed-use redevelopment on their own timeline — a rare blend of income stability and long-term upside in one of San Diego’s most supply-constrained submarkets.
Documents:
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Location
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