6499 Montezuma Rd

31,330 / 0.72
Lot Size / Acres

Description

Five-parcel assemblage totaling ±0.71 acres in San Diego’s College Area, currently in process for RM-4-10 zoning, allowing ~78 units by right. The properties generate over $40,000 per month in in-place income, providing strong carry during entitlement and pre-development. Density bonus pathways offer significant upside, including up to ~102 units under HAP 2.0 or up to ~155 units with a 100% micro-unit program. Existing residential improvements support near-term cash flow with long-term redevelopment...Five-parcel assemblage totaling ±0.71 acres in San Diego’s College Area, currently in process for RM-4-10 zoning, allowing ~78 units by right. The properties generate over $40,000 per month in in-place income, providing strong carry during entitlement and pre-development. Density bonus pathways offer significant upside, including up to ~102 units under HAP 2.0 or up to ~155 units with a 100% micro-unit program. Existing residential improvements support near-term cash flow with long-term redevelopment potential. Priced at $9M (~$287/SF land), competitive for the submarket given scale, zoning upside, and proximity to SDSU’s 40,000+ student population. Well-suited for multifamily or student-oriented housing. OM and Zoning Plan are available in the Documents section.
  1. Listed by Daniel Sipher • DRE #02043589 • Landmark Multifamily and Development

Property Details for 6499 Montezuma Road

Parking Spaces Total
0
Lot Size Source
Assessor
View
No
View
No
Association Fee
$.00
Zoning
RM-4-10
Subdivision Name
San Diego
Subdivision Name Other
San Diego
LISTING UPDATED: 01/14/2026 12:24 PM

Property Details for 6499 Montezuma Road

StatusActive
MLS #2600478SD
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.72 AC
CountySan Diego County

Location

Listing Courtesy of Landmark Multifamily and Development, Daniel Sipher, DRE #02043589
Add your commute

Building Information for 6499 Montezuma Road

Lot Size0.72 AC

Payment Calculator

$44,701 per month

30 year fixed, 6.15% Interest

Principal and Interest

$43,864

Property Taxes

$837

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6499 Montezuma Road

Property / Structure Info
Interior Features
Land/Lot Info
  • Topography: Level
  • Utilities: See Remarks
  • Water Source: See Remarks

Property History for 6499 Montezuma Road

DateEvent & SourcePriceAppreciation
Jan 8, 2026

Listed (Active)

CRMLS #2600478SD

$9,000,000
Jan 20, 2021

Sold (Public Record)

Public Record #688401364

$625,000

+7.4% / yr

Jan 16, 2013

Sold

SDMLS #110005606

$350,000
Nov 29, 2012

Sold (Public Record)

Public Record #345017068

$350,000
Nov 14, 2012

Pending

SDMLS #110005606

Jan 26, 2011

Listed (Active)

SDMLS #110005606

$425,000
DateEvent & SourcePrice
01/08/2026

Listed (Active)

CRMLS #2600478SD

$9,000,000
01/20/2021

Sold (Public Record)

Public Record #688401364

$625,000

+7.4% / yr

01/16/2013

Sold

SDMLS #110005606

$350,000
11/29/2012

Sold (Public Record)

Public Record #345017068

$350,000
11/14/2012

Pending

SDMLS #110005606

01/26/2011

Listed (Active)

SDMLS #110005606

$425,000

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

Public Records for 6499 Montezuma Road

Taxable ValueLand$432,972Additions$323,657Total$756,629
Tax Record2025$10,039 ($837 / month)
Home Facts
Beds5Total Finished SqFt1,822 SqFtAbove Grade Finished SqFt1,822 SqFtLot Size4,300 SqFtStyleSingle Family ResidenceYear Built1984ZoningR-1:SINGLE FACountySAN DIEGOAPN467-222-08-00

Schools near 6499 Montezuma Road

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Clay Elementary School
PublicK to 5

Hardy Elementary School
PublicK to 5

Lewis Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

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.

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6499 Montezuma Road is a 0.72 ac of land for sale in San Diego, CA 92115. This property was listed for sale on January 8, 2026 by Landmark Multifamily and Development, it's currently listed at $9,000,000. It has been on the market for a total of 26 days and was last sold on January 20, 2021. This listing's school district is San Diego Unified School District. Nearby schools include Clay Elementary School, Hardy Elementary School and Lewis Middle School. 6499 Montezuma Road is a 0-bed, 0-bath, 0.72 ac of land on a 31,330 sq. ft. / 0.72 acres lot.

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Listing Courtesy of Landmark Multifamily and Development, Daniel Sipher, DRE #02043589

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