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3-Bedroom Residential - 4042 1st Avenue, San Diego, CA

$1,550,000

4042 1st Avenue, San Diego, CA

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Description

4042 First Avenue presents an urban infill development opportunity in San Diego’s Hillcrest neighborhood. The approximately 5,198-square-foot lot is improved with an existing single-family residence generating approximately $3,000 per month in rental income, providing potential income during the planning process. The property is zoned RM-3-9 and is identified within the Complete Communities Housing Solutions Tier 2 area, Sustainable Development Area and Transit Priority Area. The site offers convenient access to neighborhood dining, shopping, medical facilities, Balboa Park, Downtown San Diego and regional transportation corridors. Development potential, density, FAR, height, parking requirements and eligibility for incentive programs are subject to confirmation by the buyer with the City of San Diego and applicable consultants. Do not disturb the occupant. Drive by only.

Property details

Bedrooms
3
Bathrooms
1
Square feet
1,129
Year built
2020
Property type
Residential
Lot size
5,198 sqft

Location

4042 1st Avenue • San Diego, CA 92103

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Listed by

Aaron Bove · Colliers International SD, Inc

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