$1,650,000
4042 1st Avenue San Diego, CA 92103
7
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$1,650,000
Est. payment /mo
5,187 Sqft Lot
Pending
4042 1st Avenue San Diego, CA 92103
UPDATED:
09/30/2024 06:55 PM
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Subdivision Hillcrest
MLS Listing ID 240010068SD
HOA Y/N No
Lot Size 5,187 Sqft
Property Description
Outstanding multifamily development opportunity in Hillcrest (92103), one of central San Diego's strongest housing markets. The site has cleared Historical Review and is Complete Communities Tier 2 with an FAR of 8. The base zoning is RM-3-9 (600 SF/DU). There is currently a single family home on site rented for $3000 per month. Building Plans available upon request. Hillcrest is central San Diego’s premier residential neighborhood offering a vibrant urban lifestyle while still maintaining a sense of tranquility. The area is thriving with new construction along with renovation of existing buildings, offering a unique blend of historic charm and contemporary urban living. Residents are walking distance to top ranked restaurants, parks, trendy cafés, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diego’s preeminent recreational destination. Hillcrest also feature numerous convenient thoroughfares, allowing easy access to Downtown and Mission Valley, along with Hwy 163, I-5, and I-8. As a result, Hillcrest has become a magnet for young professionals, families, and high net worth individuals, making it ideal for real estate investment and development.
Location
State CA
County San Diego
Area 92103 - Mission Hills
Zoning RM-3-9
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Natural Gas Available, Phone Available
View Y/N No
Present Use Residential
Building
Lot Description Level
Others
Senior Community No
Tax ID 4444922500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Philip Buckley • CBRE
