918 27Th St, San Diego, CA 92102

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$4,350,000

Est. payment - /mo

7 Beds

5 Baths

6,845 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250024176

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1936

Lot Size 6,845 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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!

Location

State CA

County San Diego

Area San Diego (92102)

Building/Complex Name None

Zoning R-4:MULTIP

Interior

Cooling Zoned Area(s)

Exterior

Exterior Feature Wood

Fence Full

Roof Type Composition

Building

Story 1

Lot Size Range .25 to .5 AC

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $3,000

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/230011016

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Listed by Andrew T Greer • Real Broker

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If I tour a home, I understand Kobe Zimmerman will be my touring agent. Touring a home is free. If I use Kobe Zimmerman to buy a house, his fee is 2.5% of the purchase price. This fee is negotiable by law. I am not obligated to pay this fee and understand that Kobe will request that this fee be paid by the seller.

918 27Th St San Diego, CA 92102