3577 Third Avenue #1 Pending

San Diego,CA 92103

$ 1895000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Pending

Purchase Type For Sale

Subdivision Hillcrest

MLS Listing ID 240010978

Lot Size 6,511 Sqft

Type of Financing Cash,Conventional

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 caf�s, 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

Sewer Sewer Connected

Water Available,Meter on Property

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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