4021 47th st - Residential LAND FOR SALE


San Diego, CA 92105- Teralta East19,602 SF
$3,500,000 USD
619-540-4208
4021 47th st, San Diego, CA for Sale
$3,500,000 USD
Residential LAND - FOR SALE
1/9
19,602 SF

4021 47th st
San Diego, CA 92105
Teralta East


HIGHLIGHTS

  • .45 AC Redevelopment Site with 11,500 Mixed Use Building (Commercial/Industiral + Four MF Units)
  • Complete Communities Tier 3 | Transit Priority Area (TPA) | Qualified Census Tract (QCT)
  • Prime Location Along City Heights CDC Corridor and within Opportunity Zone

OVERVIEW

The offering comprises three contiguous parcels totaling approximately 0.45 acres, improved with an 11,500 SF mixed-use building. The property was occupied by San Diego Electric, Inc. for approximately 45 years and includes four unoccupied 1BR/1BA residential units within the adjoining building, providing immediate repositioning potential. Located in the heart of City Heights along the University Avenue corridor, the property benefits from proximity to ongoing community investment and revitalization efforts led by City Heights CDC, including business support, corridor improvements and affordable housing initiatives. The location provides convenient access to I-8, I-15, I-805 and State Route 94, while placing residents within minutes of San Diego State University, Downtown San Diego, Mission Valley, major retail destinations and key employment centers. The site presents a compelling high-density redevelopment opportunity due to its Complete Communities Tier 3 designation, transit-oriented location and 6.5 FAR development potential. Alternatively, the existing improvements offer flexibility for a value-add strategy or adaptive reuse. Zoned CC-5-4 within the Mid-City Community Planning Area, the property is also located within a Qualified Opportunity Zone (QOZ), Transit Priority Area (TPA) and Qualified Census Tract (QCT), creating additional potential for developers pursuing high-density, mixed-income or affordable housing strategies. Located in the heart of City Heights along the University Avenue corridor, the property benefits from proximity to ongoing community investment and revitalization efforts led by City Heights CDC, including business support, corridor improvements and affordable housing initiatives. The location provides convenient access to I-8, I-15, I-805 and State Route 94, while placing residents within minutes of San Diego State University, Downtown San Diego, Mission Valley, major retail destinations and key employment centers.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$7,777,778/AC

PRICE/SF

$179 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

High Density Redevelopment Site | Mixed Use

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Office, Mixed Use, Apartment Units, Apartment Units - Condo, Apartment Units - Subsdzd, Community Center, Convenience Store, Hold for Development, Hold for Investment, Self-Storage, Storefront Retail/Office, Storefront Retail/Residential, Warehouse

LAND ACRES

0.45 AC

LAND SF

19,602 SF

OFFSITE IMPROVEMENTS

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

ZONING

CC-5-4

APN/PARCEL ID

471-492-15,471-492-16,471-492-17

ASK ABOUT THIS PROPERTY

Elizabeth BrignonKW CommercialMore Info
619-540-4208

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Elizabeth BrignonKW CommercialMore Info
619-540-4208

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