$1,895,000
3577 Third Avenue #1 San Diego, CA 92103
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$1,895,000
Est. payment /mo
6,511 Sqft Lot
Pending
3577 Third Avenue #1 San Diego, CA 92103
UPDATED:
10/23/2024 06:28 PM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Pending
Purchase Type For Sale
Subdivision Hillcrest
MLS Listing ID 240010978
HOA Y/N No
Lot Size 6,511 Sqft
Property Description
CBRE is pleased to offer for sale an 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). The existing single family house is rented for $3,200 per month. The property has proposed entitlements to build 22 units. 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
Community Hillcrest
Area Mission Hills (92103)
Zoning RM-3-9
Exterior
Fence Full
Building
Lot Description Alley Access, Public Street, Sidewalks
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Available, Meter on Property
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Philip J Buckley • CBRE
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