4042 1St Ave San Diego, CA 92103

• May, 2024

• May 8, 2024

  Date

  Active

  CRMLS: 240010068SD

  $1,650,000

  Price

• March, 2024

• Mar 2, 2024

  Date

  Expired

  CRMLS: 230019361SD

  $1,875,000

  Price

• Oct 2, 2023

  Date

  Active

  CRMLS: 230019361SD

  $2,160,000

  Price

• Listing provided courtesy of CRMLS

  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. CBRE is 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.

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• July, 2019

• Jul 17, 2019

  Date

  Sold (Public Records)

  Public Records

  $1,200,000

  Price

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