CBRE is pleased to offer for sale an outstanding multifamily development
opportunity in Golden Hill (92102), one of central San Diego’s strongest
housing markets. The site is located in an Opportunity Zone, and is Complete
Communities Tier 3 with an FAR of 6.5. The base zoning is RM-3-7 (1,000 SF/
DU). There are no existing improvements on site. Third-party reports available
upon request.
Golden Hill is one of central San Diego’s premier residential neighborhoods
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. Golden Hill also feature numerous convenient
thoroughfares, allowing easy access to Downtown, South Park and North Park,
along with Hwy 94, I-5, and I-15. As a result, Golden Hill has become a magnet
for young professionals, families, and high net worth individuals, making it ideal
for real estate investment and development.