Description
CBRE is pleased to offer for sale a premier multi-family development site 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 property is in the final review stage of entitlements to build 22 units, with expected full approval in October of this year. The base zoning is RM-3-9 (600 SF/DU). The existing single family house is rented for $3,200 per month. Building Plans available upon request. Hillcrest is central San Diegos 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 cafs, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diegos 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. CBRE is pleased to offer for sale a premier multi-family development site 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 property is in the final review stage of entitlements to build 22 units, with expected full approval in October of this year. The base zoning is RM-3-9 (600 SF/DU). The existing single family house is rented for $3,200 per month. Building Plans available upon request. Hillcrest is central San Diegos 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 cafs, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diegos 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.
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0.15ACRES
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School Ratings & Info
Description
CBRE is pleased to offer for sale a premier multi-family development site 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 property is in the final review stage of entitlements to build 22 units, with expected full approval in October of this year. The base zoning is RM-3-9 (600 SF/DU). The existing single family house is rented for $3,200 per month. Building Plans available upon request. Hillcrest is central San Diegos 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 cafs, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diegos 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. CBRE is pleased to offer for sale a premier multi-family development site 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 property is in the final review stage of entitlements to build 22 units, with expected full approval in October of this year. The base zoning is RM-3-9 (600 SF/DU). The existing single family house is rented for $3,200 per month. Building Plans available upon request. Hillcrest is central San Diegos 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 cafs, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diegos 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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-30T12:31:32.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.