316 e 31st street

PRICE REDUCED. We are pleased to offer an exceptional development opportunity in the rapidly growing National City area, near the Sweetwater River and the Mile of Cars. This ~8,700 SF vacant, lightly-sloped lot is zoned MXC-2, allowing for a range of development options including commercial/mixed-use or multifamily. The site can support up to 17 units by right, with potential for more through density bonuses. Alternatively, townhomes or ADUs may be considered for a less dense build. The area features several recently completed or underway developments, offering clear proof of concept. A 900 SF single-family residence previously on the property has been recently abated and demolished. Ideally located near the bayfront, parks, shopping, public transit, and major transportation corridors, the site is just 10 minutes from the new Chula Vista Gaylord Pacific Resort & Convention Center, downtown San Diego, and key naval bases. National City’s central location and strong rental demand—70% of households are renters—make it a high-potential market, particularly among working-class and immigrant communities. This property offers a compelling investment opportunity in one of San Diego’s most promising urban infill submarkets.