4042 1st Avenue

San Diego, CA 92103

$1,650,000
Price
5,189 / 0.12
Lot Size / Acres

Description

Outstanding multifamily development opportunity 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 base zoning is RM-3-9 (600 SF/DU). There is currently a single family home on site rented for $3000 per month. Building Plans available upon request. Hillcrest is central San Diego s premier residential neighborhood offering a vibrant urban lifestyle while still maintaining a sense...Outstanding multifamily development opportunity 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 base zoning is RM-3-9 (600 SF/DU). There is currently a single family home on site rented for $3000 per month. Building Plans available upon request. Hillcrest is central San Diego s 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 Diego s 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.
  1. Listed by Philip Buckley • DRE #01209801 • Brokerage DRE #00950210 • CBRE

Property Details for 4042 1st Avenue

Zoning
RM-3-9
Cross Streets
Washington
Parcel Number
4444922500
Area
Mission Hills San Diego (MIH)
Subdivision Name
Hillcrest
Lot Size Area
5189
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0

Location

Listing Courtesy of CBRE, Philip Buckley, DRE #01209801
Add your commute
LISTING UPDATED: 05/20/2024 09:11 AM

Property Details for 4042 1st Avenue

StatusActive
MLS #240010068SD
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.12 AC
CountySan Diego County

Location

Listing Courtesy of CBRE, Philip Buckley, DRE #01209801
Add your commute

Building Information for 4042 1st Avenue

Lot Size0.12 AC

Payment Calculator

$10,296 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$1,291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4042 1st Avenue

Community / Development
Community / Development
  • Senior Community: No
  • Builders Tract Name: Hillcrest
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 0
  • View: No
  • Water: Available, Meter on Property
  • Sewer: Sewer Connected
  • Water District: CITY OF SAN DIEGO
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Size Square Feet: 5189
  • Topography: Level
Parking Details
Parking Details
  • Total Parking: 0
Interior Features
Interior Features
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Fence: Full
  • Sprinklers: Automatic, Manual
Lease Terms
Lease Terms
  • Entry Date: 05-08-2024
  • Listing Terms: Cash, Conventional

Property History for 4042 1st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4042 1st Avenue

Taxable ValueLand$1,156,295Additions$105,117Total$1,261,412
Tax Record2023$15,487 ($1,291 / month)
Home Facts
Beds3Total Finished SqFt1,129 SqFtAbove Grade Finished SqFt1,129 SqFtLot Size5,198 SqFtStyleSingle Family ResidenceYear Built2020ZoningR-4:MULTIPLECountySAN DIEGOAPN444-492-25-00

Schools near 4042 1st Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - K to 12
Charter - K to 8
Rating
School
Distance
Florence Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

Home & Hosp/Transition Support
PublicK to 12

Museum
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4042 1st Avenue is a 0.12 ac of land for sale in San Diego, CA 92103. This property was listed for sale on May 6, 2024 by CBRE, it's currently listed at $1,650,000. It has been on the market for a total of 25 days and was last sold on May 10, 2019. This listing's school district is San Diego Unified School District. Nearby schools include Florence Elementary School, Roosevelt International Middle School and Home & Hosp/Transition Support. 4042 1st Avenue is a 0-bed, 0-bath, 0.12 ac of land on a 5,189 sq. ft. / 0.12 acres lot.

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Listing Courtesy of CBRE, Philip Buckley, DRE #01209801

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