Description
CBRE is pleased to offer for sale an outstanding multifamily development opportunity in Golden Hill (92102), one of central San Diego's strongest housing markets. The site has cleared Historical Review, is located in an Opportunity Zone, and is Complete Communities Tier 3 with an FAR of 6.5. The base zoning is RM-3-7 (1,000 SF/DU). There are no existing improvements on site. The property is currently being entitled to build 30 units. Proposed Building Plans available upon request. Golden Hill is one of central San Diego’s premier residential neighborhoods 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. Golden Hill also feature numerous convenient thoroughfares, allowing easy access to Downtown, South Park and North Park, along with Hwy 94, Hwy 163, I-5, and I-15. As a result, Golden Hill has become a magnet for young professionals, families, and high net worth individuals, making it ideal for real estate investment and development.
Property Details
- Utility FeaturesCableAvailable, NaturalGasAvailable, PhoneAvailable
- MLS #240011225SD
- MLS #240011225SD
- Original List Price$2,995,000
- SubdivisionSan Diego
- CountySan Diego
- Property TypePurchase
- Cost2595000
- Acres0.3349
- Property SubtypeLand
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Philip Buckley (#SAND-629103)
Listing Office: CBRE (#SAND-4473)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
