3971-73 Georgia Street, San Diego, CA, 92103

Sold Price:

$1,600,000

Zoning:

RM-3-9

Buildable Units:

44 Units

Lot Size:

±6,992 SF

Status:

Closed

Submarket:

Central

Property Type:

Apartments, Land

Strategy:

Value Add

 

Introducing a rare opportunity to acquire a 7,000 square foot apartment development site in the desirable Hillcrest neighborhood of San Diego. This site presents an ideal canvas for an innovative developer to create a standout residential community that embodies the urban chic lifestyle of San Diego.

With its prime location, this development site is perfectly situated for a boutique apartment complex that blends modern design with a warm and welcoming community feel. The site offers ample space for a multi-story complex, complete with rooftop amenities that offer breathtaking views of the city and the surrounding neighborhoods.

With Hillcrest's bustling commercial district nearby, residents will enjoy easy access to a wide array of shops, restaurants, and entertainment options. The site's location also provides quick access to major thoroughfares, making commuting a breeze.

This development site is an incredible opportunity to create a unique and thriving residential community that perfectly captures the essence of Hillcrest and San Diego. With its prime location and ample space, this site is truly a blank slate, waiting for a developer with a vision to bring it to life. Don't miss out on this rare opportunity to create something special in one of San Diego's most sought-after neighborhoods.

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Listed By:

Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 373-3237