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1895 Hancock St 53,000 SF Industrial Building San Diego, CA 92110 For Sale
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).
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 |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
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 | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1959 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.51/1,000 SF |
| Lot Size | 1.26 AC | Clear Ceiling Height | 40’ |
| Rentable Building Area | 53,000 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | CC-3-9 - Base Zoning: CC 3-9 (Commercial/Residential) | ||
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| 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 | CC-3-9 - Base Zoning: CC 3-9 (Commercial/Residential) |
Amenities
- Fenced Lot
- Signage
- Skylights
Utilities
- Water
- Heating - Electric
Walk Score®
Very Walkable (77)
Property Taxes
| Parcel Number | 450-641-13 | Improvements Assessment | $421,375 |
| Land Assessment | $2,736,950 | Total Assessment | $3,158,325 |
Property Taxes
Parcel Number
450-641-13
Land Assessment
$2,736,950
Improvements Assessment
$421,375
Total Assessment
$3,158,325
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1895 Hancock St
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