Property Description

The Wilson Apartments represent a rare opportunity to acquire a prime development site in San Diego’s historic Cortez Hill District, one of Downtown’s most desirable residential neighborhoods. The offering consists of two parcels totaling 15,000 square feet at the top of Cortez Hill, located at 1560–1572 10th Avenue and 1561–1575 9th Avenue, San Diego, CA 92101. The existing improvements include five multifamily buildings constructed circa 1930, comprising 13 rental units with a total rentable square footage of 7,738. There are nine units across two apartment buildings on 9th Avenue (ten 1BR/1BA, one 2BR/1BA, and two studios/1BA), along with four units within three cottages along 10th Avenue, including one duplex cottage. The property also includes 12 parking spaces, with nine open stalls and three garages. These character-rich buildings generate immediate rental income and provide investors with flexibility — either to enhance the existing apartments as a value-add opportunity or to hold as a true covered land play while entitling and planning for future redevelopment. The property is zoned CCPD-R, which permits multifamily residential uses with a maximum FAR of 8.0. It is also located within the Complete Communities District, where FAR limits are effectively waived, further enhancing redevelopment potential. Recent trends in Uptown and Downtown San Diego have seen the razing of older improvements for high-rise apartment projects, reflecting strong demand for infill sites in this submarket.

Address Map
Country:
US
State:
CA
County:
SD
City:
San Diego
Zipcode:
92101
Street:
9th Ave
Street Number:
1561-75
Longitude:
W118° 50' 37.4''
Latitude:
N32° 43' 18.5''
Mls Area Major:
Metro Central
Additional Info
Office Name:
Acre Investment Real Estate
Agent Name:
Bill Anderson
Additional Information
Building Size:
7738
Number Of Units Total:
13
On Market Date:
2025-10-03
Stories:
2
Listing Information
List Agent Mls Id:
640442
List Office Mls Id:
69201
Mls Status:
ACTIVE
Modification Timestamp:
2025-10-04T00:21:19Z
Originating System Name:
SDMLS
Special Listing Conditions:
N/K

Residential Income

1561-1575 9th Ave, San Diego, CA 92101

7,738
$7,125,000
Listing ID #250040754
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
250040754
Price :
$7,125,000
Square Footage :
7,738
Status :
Active
Property Sub Type :
Com-Res Income
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