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$4,350,000

Est. payment - /mo

6,843 Sqft Lot

Active

918 27Th St San Diego, CA 92102

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250024176SD

HOA Y/N No

Year Built 1936

Lot Size 6,843 Sqft

Property Description

3 LOT ASSEMBLY in Golden Hill in small QOZ zone! Property is comprised 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 this 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!

Location

State CA

County San Diego

Area 92102 - San Diego

Building/Complex Name None

Zoning R-4:MULTIP

Interior

Cooling Zoned

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 5344112000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Andrew Greer • Real Broker

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