2518 Jefferson St. Development Opportunity! Value of this property is in the land, location and the R3 zoning for multiple units. If you are familiar with Olde Carlsbad, then you will recognize this property as the location of one of the original daycare centers owned for many years by a long time Carlsbad family. Located on a spacious lot of .27 acres in the heart of Carlsbad Village. This offers so much potential for those looking to develop a custom Southern California residence or multi-family units. The flat topography along with the location of being minutes to the beach, restaurants, brewery's, shopping, park, easy access to the freeway and in the highly rated Carlsbad Unified school district makes this ideal for any investor. The 864 sq. ft. structure has good bones and can be easily converted back to a home. This zoning allows for 8-15 dwelling units per acre but it is recommended to check with the City of Carlsbad Planning Department for specific details on zoning and usage.