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1895 Hancock St 53,000 SF Industrial Building San Diego, CA 92110 For Sale

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INVESTMENT HIGHLIGHTS

  • PRIME CENTRAL SAN DIEGO LOCATION
  • STRONG RESIDENTIAL HOUSING MARKET
  • EXCEPTIONAL TRANSPORTATION ACCESS
  • PROXIMITY TO MAJOR EMPLOYMENT HUBS

EXECUTIVE SUMMARY

CBRE is pleased to present 1895 Hancock St, a premier ±1.26-acre multifamily development opportunity located in Central San Diego which can also be sold to an industrial owner-user given the low basis. This site offers exceptional potential for high-density residential development in a highly accessible urban community surrounded by numerous attractions and unparalleled transportation access.

PRIME CENTRAL SAN DIEGO LOCATION
* Directly surrounded by top neighborhoods including Mission Hills, Little Italy, historical Old Town, Point Loma and nearby beaches, offering residents access to numerous attractions and amenities.

EXCEPTIONAL TRANSPORTATION ACCESS
* Quick access to the I-5 freeway and the Washington St Trolley Station, which is directly adjacent to the property.

STRONG RESIDENTIAL HOUSING MARKET
* This ±1.26-acre property is strategically located within the Midway-Pacific Highway Community Plan. Zoning allows for mixed commercial/residential uses with a base residential density of 109 units per acre, or 1 unit per 400 SF of lot area.

* Located within the optional Complete Communities Housing Solutions zoning which allows for a 2.5 FAR and no unit count restriction.The site also accommodates for-sale residential development and other commercial uses.

PROXIMITY TO MAJOR EMPLOYMENT HUBS
* The Midway/Pacific Highway District in San Diego is targeted for major redevelopment, including the Midway Rising project (multi-billion-dollar project and aims to transform the 48.5-acre Sports Arena site with 4,250 homes, a 16,000-seat arena, and 130,000 SF of retail, with an estimated $7 billion in economic impact) and the NAVWAR site revitalization (70.3-acre mixed-use redevelopment, still in early planning, calls for 2 million square feet of development for the Navy and over 18 million square feed of private development).

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.26 AC
Rentable Building Area 53,000 SF
No. Stories 2
Year Built 1959
Tenancy Single
Parking Ratio 0.51/1,000 SF
Clear Ceiling Height 40’
No. Drive In / Grade-Level Doors 1
Zoning M-SI, San Diego - Base Zoning: CC 3-9 (Commercial/Residential)

AMENITIES

  • Fenced Lot
  • Signage
  • Skylights

UTILITIES

  • Heating - Electric
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
450-641-13
Land Assessment
$2,736,950
Improvements Assessment
$421,375
Total Assessment
$3,158,325
  • Listing ID: 36305440

  • Date on Market: 6/18/2025

  • Last Updated:

  • Address: 1895 Hancock St, San Diego, CA 92110

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