San Diego CA Real Estate & Land for Sale

We are pleased to present First Avenue Lofts, a fully entitled 56-unit investment opportunity located at 3830 First Avenue San Diego, CA. The First Avenue Lofts is comprised of sixteen (16) studios averaging 380 sqft each, and forty (40) one-bedroom/one-bathroom units ranging from 570 - 715 square feet. Once built, the eight-story property will be a total of 37,975 square feet (32,215 net rentable). Each apartment unit will be furnished with contemporary fixtures and finishes, coming with 9-foot ceilings, quartz countertops, full kitchen appliance packages, HVAC, built-in shelves and storage cabinetry. The subject property is located in Hillcrest, one of the most coveted locations for renters in San Diego. In and of itself, the site location is also outstanding, giving premium visibility and walkability. The property boasts a walkability score of 97 which is "a walkers paradise". It is less than a mile from Balboa Park which offers tennis courts, public pool, baseball fields, archery range, hiking trails, dog park, disk golf course, playground, and a speed track for bicyclist. Residents at the subject property enjoy immediate walking access to the many bars and restaurants on University Avenue, and Robinson Avenue. Lastly, residents enjoy easy access to CA-163 and Interstate 5 and are just minutes away from San Diego's largest employment centers including Downtown, Mission Valley, and Kearny Mesa. This property presents a unique opportunity for an investor to purchase development project in Hillcrest, one of the strongest submarkets.

Mission Hills, San Diego, a fantastic development opportunity, especially given its location and potential for stunning views. Here are some key points and considerations for potential buyers or developers: Location and Neighborhood: Mission Hills is known for its historic charm, scenic views, and vibrant community. Its proximity to Downtown San Diego and other urban areas makes it a desirable location for residents. Development Potential: The property offers the opportunity to build 3-6 three-story townhomes, and potentially more, depending on the revised plans. The fact that the lot can accommodate multiple units is a significant advantage for developers looking to maximize their investment. Architectural Plans: While the original architectural plans by Safdie Rabines Architects have expired, the fact that the architects are open to revisiting them provides flexibility for potential buyers. Developing new plans that take advantage of the views and the unique characteristics of the neighborhood could be an exciting prospect. Zoning and Regulations: The zoning designation of MCCPD-MR3000 suggests that the property is zoned for multi-residential development, which aligns with the proposed townhome project. Market and Demand: Understanding the demand for housing in Mission Hills and the broader San Diego area is crucial for assessing the feasibility and potential profitability of project. Overall, this Mission Hills property presents an exciting opportunity for developers to create a unique desirable residential development that capitalizes on the neighborhoods charm!

Variance granted Lot/Land. Multifamily development or single family rehab with views of and close proximity to downtown SD. Abandoned structure (812sf) at top of hill and stairs to access it from the street below are both in disrepair, but all utilities are run to the site. Property is zoned RM 2-5 at the top of the hill and OR 1-1 along the hillside with a 40' height allowance. Located within a Complete Communities designation and Transit Priority Area thus allowing little to no new parking requirements. The unimproved City street formerly dedicated as Union Street sits at the base of the lot and creates immediate access to the public right of ways. Call for access to DD material.

An amazing development opportunity in the coveted Hillcrest location. Owner maintains nearly finished and approved plans from City of San Diego. Current plan is 12-unit multi-level spacious layout with parking. Additionally, recent density plans by City of San Diego in Hillcrest area likely to allow for more units to be built on this prime property which could triple or quadruple the size of the project. Current ownership motivated to finish project as proposed or sell it to developer/builder that can take it to the next level. Buyer and buyers agent to confirm additional development limitations at City level.

Last available lot in Bankers Hill! Presenting 3536 Albatross Street, an outstanding development prospect nestled within the sought-after community of Bankers Hill. Providing an exceptional opportunity for those looking to craft their ideal home. The previous structure has been cleared, offering a blank canvas for your dream residence. Positioned on a level cul-de-sac street, this property boasts breathtaking views, making it an ideal location for a custom-designed home tailored to your unique preferences. The property's renderings are available for review, provide a glimpse into the exceptional design options that await, allowing prospective buyers to tailor the design and layout to their unique vision. The property's generous lot size presents ample space for various architectural possibilities, enabling the creation of an expansive family residence or a sophisticated urban retreat! Situated on Albatross Street, known for its tranquil setting, views and desirable neighborhood, this property is nestled within a thriving community that combines the charm of residential living with convenient access to the city's finest amenities. From trendy dining establishments to upscale boutiques, cultural landmarks to recreational parks, San Diego offers an enviable lifestyle that caters to a range of preferences.