918 27th St, San Diego, CA 92102

$4,350,000 Approx. USD 7 beds, 5 baths

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Marketed By Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Agent Remarks

3 LOT ASSEMBLY in Golden Hill in small QOZ zone! Property is compromised of 3 separate duplex lots. 918-922, 924-926, and 930-932. Property is zoned RM 2-5 with SDA overlay and Tier 3 Complete Communities meaning you can build up to 6.5X FAR. On his property that would be ~113,951 sq ft of buildable floor area on this site. With views of Coronado Bridge to expansive views of Downtown this property is situated in growing hot spot of Golden Hill. Great Restaurants from Kingfisher to Counterpoint within minutes by foot, to quick access to downtown by car, bus, or bike. This property has cleared historical, and is ready for whatever unit count you are looking to build for San Diegos vastly growing population. Not wanting to go through the process of permitting a building and ready to go shovel Ready? Move forward with approved plans for 35 units that are ready for you to start work. Reach out to listing agent for copy of the plans and information. Schematic completed for building with ample parking and 125 units, as well as previous plans for a 36 unit property. The opportunity is endless with this property and everything that you can do with it. Additionally the property currently generate revenue from all 6 units on site. Whether it be the 3 units with long term leases, or the 3 Short Term rental units that are fully furnished and ready to go. Get a property that can generate revnue while finalizing your plans! Don't miss out on this opportunity to build in a key Metro neighborhood and take advantage of all of the updates to the San Diego Building code that make this a premium deal!

Listing Details

Property type: 2-4 Units (Multi-family)

Status: ACTIVE

MLS# 250024176

Price: $4,350,000

Beds: 7

Baths: 5 (5 full)

Built in 1936

1 story

0.16 acres

Lot size: .25 to .5 AC

County: San Diego