Property Description

We are pleased to offer for sale a premier multi-family development site 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 property is in the final review stage of entitlements to build 18 units, with expected full approval in November of this year. The base zoning is RM-3-9 (600 SF/DU). There is currently a single family home on site. 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.

Address Map
US
California
SD
San Diego
MISSION HILLS (92103)
Hillcrest
92103
1st Avenue
4042
W118° 50' 9''
N32° 45' 2.8''
Additional Info
CBRE
Philip
Buckley
: City Of San Diego
07-11-2023 22:37:55
36
RM-3-9
4,000-7,499 SF
5,189 Sqft
: 0.0
444-492-25-00
1
0 Sqft
0 Sqft
School Info
5
Florence Elementary School
(619) 344-5900
0.12945258304647 Miles
Grade:
Type: public
N/A
Comprehensive Ed Svs Dba Aces Academy
(619) 549-5835
0.4625582164117 Miles
Grade:
Type: private
N/A
Comprehensive Ed Svs, Dba: Aces Academy
(619) 278-0884
0.4635677979793 Miles
Grade:
Type: private
N/A
St. Vincent De Paul
(619) 296-2222
0.51876629550002 Miles
Grade:
Type: private
7
Grant K-8
(619) 293-4420
0.7073878111524 Miles
Grade:
Type: public
N/A
Community Transition Academy
(858) 603-4812
0.76951669628543 Miles
Grade:
Type: private
N/A
Aseltine School
(619) 296-2135
0.95413473846422 Miles
Grade:
Type: private
N/A
Aseltine School
(619) 296-2135
0.95455062323685 Miles
Grade:
Type: private
N/A
Home & Hosp/Transition Support
(619) 344-6435
0.95587296655772 Miles
Grade:
Type: public
7
Birney Elementary School
(619) 497-3500
0.98231250077672 Miles
Grade:
Type: public

Lot/landFor Sale Price $1,875,000 4042 1st Avenue, San Diego, Californ

4042 1st Avenue, San Diego, California 92103

$1,875,000
Listing ID #230019361
Basic Details
Property Type : Lot/land
Listing Type : For Sale
Listing ID : 230019361
Price : $1,875,000
Status Category : Active
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