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  • MLS#: 250035805SD ( )
  • Street Address: 918 27th Street
  • Viewed: 1
  • Price: $3,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 2
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92102
  • Provided by: Marcus & Millichap
  • Contact: Austin Austin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to offer 918 32 27th Street, an advantageous three lot assembly in San Diegos vibrant Golden Hill neighborhood, offering a blend of immediate income and substantial redevelopment potential. Comprised of 3 parcels on a 17,560 SQ FT lot, this property distinctively features six revenue generating duplex units. There are currently three (3) one bedroom/one bathroom units (500 SF each) and three (3) two bedroom/one bathroom units (600 SF each). The units, a mix of long term leases and furnished short term rentals, provide consistent cash flow for investors. Located in a Qualified Opportunity Zone (QOZ) with RM 2 5 zoning, an SDA overlay, and Tier 3 Complete Communities designation, the site supports a 6.5 FAR, enabling up to 113,951 square feet of buildable space, potentially yielding a 125+ unit development. With historical clearances already secured, the lots elevated position offers sweeping views of the San Diego skyline and Coronado Bridge, enhancing its allure for future residents. Golden Hills lively urban fabric, with a Walk Score of 86, places tenants within steps of eclectic experiential dining spots like Turf Supper Club and Counterpoint, boutique shops, and cultural hubs like the San Diego Museum of Art and the Golden Hill Fountain Grotto, Balboa Parks oldest design feature. Quick access to Downtown, North Park, Hillcrest, and major freeways (I 5, I 94) ensures seamless connectivity and convenience from this central location.
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Features
Association Fee
  1. 0.00
Country
  1. US
Fencing
  1. None
Parcel Number
  1. 5344112100
Zoning
  1. RM-2-5