220 Montecito Way - Residential LAND FOR SALE


San Diego, CA 92103- Hillcrest5,497 SF
$1,650,000 USD
760-822-9861
220 Montecito Way, San Diego, CA for Sale
$1,650,000 USD
Residential LAND - FOR SALE
1/1
5,497 SF

220 Montecito Way
San Diego, CA 92103
Hillcrest


HIGHLIGHTS

  • Outstanding multifamily development opportunity in prime Central San Diego location
  • Located in an Opportunity Zone and Complete Communities Tier 2 with FAR of 8
  • Walking distance to top ranked restaurants, parks, cafes, shops, farmers market, schools, and entertainment
  • Proximity to Balboa Park and Downtown with convenient access to Hwy 94, Hwy 163, I-5, and I-15
  • Approved permit for 19-Units adjacent to the UCSD Medical Center Campus in Hillcrest

OVERVIEW

Approved permit to build 19-units adjacent to UCSD Medical Center in the heart of Hillcrest, Central San Diego’s premier infill urban residential community. There are no improvements on-site and the property is located in Complete Communities Tier 2 with FAR of 8. 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.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/ACRE

$13,075,132/AC

PRICE/SF

$300 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime Multifamily Development Site - 5,497 SF

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.13 AC

LAND SF

5,497 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RM-3-9

APN/PARCEL ID

444-511-09

ASK ABOUT THIS PROPERTY

Philip BuckleyCBRE, Inc.More Info
760-822-9861

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Philip BuckleyCBRE, Inc.More Info
760-822-9861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.