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3961 Georgia St
San Diego, CA 92103
Fully Renovated Duplex w/ Large Lot for Dev · Land For Sale · 0.16 AC

INVESTMENT HIGHLIGHTS

  • Fully renovated craftsman house and one-bed flat with large rear lot for ADU's or high-density new development
  • Proximity to Balboa Park, Downtown and Mission Valley with convenient access to Hwy 163, I-5, and I-8
  • Walking distance to top ranked restaurants, parks, cafes, shops, farmers market, schools, and entertainment
  • Located in Opportunity Zone and Complete Communities Tier 3 with FAR of 6.5

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 0.16 AC
No. Stories 1
Zoning RM-3-9 - Residential

DESCRIPTION

CBRE is pleased to offer for sale a fully renovated craftsman house and one-bed flat with large rear lot for ADU's or high-density new development in Hillcrest, central San Diego's strongest housing market. Located in Opportunity Zone and Complete Communities Tier 3 with FAR of 6.5. The two existing homes on site are currently rented for $3,480 and $2,050 per month. The property is being sold unentitled. Existing third-party reports available upon request. Hillcrest is central San Diego’s premier residential neighborhood offering a vibrant urban lifestyle while still maintaining a sense of tranquility. The area is thriving with new construction along with renovation of existing buildings, offering a unique blend of historic charm and contemporary urban living. Residents are walking distance to top ranked restaurants, parks, trendy cafés, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diego’s preeminent recreational destination. Hillcrest also feature numerous convenient thoroughfares, allowing easy access to Downtown and Mission Valley, along with Hwy 163, I-5, and I-8. As a result, Hillcrest has become a magnet for young professionals, families, and high net worth individuals, making it ideal for real estate investment and development.

  • Listing ID: 29300614

  • Date on Market: 8/17/2023

  • Last Updated:

  • Address: 3961 Georgia St, San Diego, CA 92103

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