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  • MLS#: 250030007SD ( )
  • Street Address: 1040 Redwood Street
  • Viewed: 2
  • Price: $2,450,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 29
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92103
  • Provided by: Marcus & Millichap
  • Contact: Aaron Aaron
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Located in the highly sought after Mission Hills neighborhood, 1040 42 Redwood Street presents an exceptional opportunity for developers and investors. Situated on an approximately 8,749 SF (0.2 acre) lot with dimensions of 87.5 x 100, this parcel offers flexibility and scale for a wide range of development options. The property currently features a duplex with a garage and is zoned RM 2 5, with a CCHS Tier 3 zoning overlay that allows for a 6.5x Floor Area Ratio (FAR). This zoning configuration, along with FAA clearance for up to 5 stories from grade, provides the framework for significant densityideal for high end multifamily or mixed use projects. Mission Hills is experiencing strong growth, driven by its central location and increasing demand for urban infill projects. The area benefits from the ongoing revitalization initiatives, proximity to major employment hubs, and strong community appeal. The neighborhoods classic charm, combined with modern accessibility, makes this a highly desirable site for long term value and development upside.
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Features
Association Fee
  1. 0.00
Country
  1. US
Fencing
  1. Partial
Parcel Number
  1. 4515430500
Utilities
  1. See Remarks
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/250029623
Water Source
  1. See Remarks
Zoning
  1. RM-2-5