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3642 4th Ave
San Diego, CA 92103
3642 Fourth Ave · Land For Sale · 0.15 AC

Investment Highlights

  • Flexible CC-3-8 zoning permits multiple commercial and residential uses
  • Historical clearance has been received from the City
  • Opportunity for redevelopment or rehabilitation of existing improvements
  • Existing residential structure offers interim occupancy potential
  • Walkable Hillcrest location near neighborhood amenities
  • Surrounded by ongoing residential and mixed-use development activity

Executive Summary

Located in San Diego's Hillcrest neighborhood, 3642 Fourth Avenue presents an opportunity to acquire a development site in one of the city's established urban districts. The property consists of a 6,742-square-foot parcel currently improved with an existing residential house occupied by the owners. The site offers flexibility for investors and developers seeking either redevelopment potential or rehabilitation of the existing improvements.
The property is zoned CC-3-8, a designation intended to support high-intensity, pedestrian-oriented development. Permitted uses include multifamily residential, retail, restaurant, office, hotel, and medical uses, creating multiple pathways for future development. The zoning allows a base residential density of one dwelling unit per 600 square feet of lot area, with additional density opportunities available through applicable city programs. The site also benefits from a base FAR of 2.0, increasing to 2.5 for qualifying mixed-use projects and up to 8.0 through the Complete Communities Program, subject to applicable requirements.
Positioned along Fourth Avenue within walking distance of Hillcrest's retail, dining, and neighborhood amenities, the property is surrounded by ongoing residential and mixed-use investment activity. The brochure notes that the property has received historical clearance from the City, potentially simplifying redevelopment planning. The combination of flexible zoning, urban walkability, and proximity to established commercial activity supports a range of potential development concepts in a submarket that continues to attract residential and commercial investment.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.15 AC
Zoning CC-3-8 - Commercial

1 Lot Available

Lot

Price $2,500,000
Price Per AC $16,152,479.41
Lot Size 0.15 AC

Hillcrest development site with flexible CC-3-8 zoning allowing multifamily, retail, office, hotel, restaurant, and medical uses. Existing residential structure on site. Historical clearance received from the City.

Description

3642 Fourth Avenue is a 6,742-square-foot parcel in San Diego's Hillcrest neighborhood. The property contains an existing residential house currently occupied by the owners. Zoning is CC-3-8, which permits uses including multifamily, retail, restaurant, office, hotel, and medical uses. The brochure states the property has received historical clearance from the City. Existing occupants are owner-users.

  • Listing ID: 39628726

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 3642 4th Ave, San Diego, CA 92103

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