Description

Call for Offers first Week Of June - Prime development or income opportunity located in the heart of Hillcrest, San Diego. 5 Units, Alley Access with 3 Garage on this 6,094 SF parcel is zoned RM-3-9 and falls within the Complete Communities Tier 2 overlay, allowing for up to 8.0 FAR. Delivered vacant with five existing structures 5 Detached Structures (1 main house + 4 detached Bungalows units), the property offers investors or developers covered cap rate and/or flexible exit options, including stabilized income, short-term rental operations, master lease, or ground-up development. Strategically located within the Transit Priority Area (TPA), Sustainable Development Area (SDA), and Mobility Zone 2. Bring all ideas and Creative financing.Zone: RM 3-9 Lot size: 6313 sq. ft. Max density: 1 / 600 Max number of dwelling units: 10 Front yard setback: 10’/20’ (min & std) Interior side yard setback: 5’ Rear yard setback: 5’ Max structure height: 60’ Max floor area ratio: 2.7 Maximum floor area: 17,045 sq. ft. Historical Review complete and deemed non- historical