Highly desirable Hillcrest / Uptown submarket of San Diego, with the intent of a future redevelopment. Positioned in the heart of Hillcrest—one of San Diego’s most walkable, amenity-rich, and renter-preferred urban neighborhoods—the current property and any future residential development offers residents immediate access to employment, recreation, dining, and healthcare anchors within a compact urban footprint. The property consists of 82 residential units across 5 buildings on approximately 3.15 acres, providing interim cash flow while offering redevelopment optionality. Hillcrest is one of San Diego’s most supply-constrained rental markets, supported by a high renter population and anchored by major employers including UC San Diego Medical Center and Scripps Mercy Hospital. Ongoing investment in the surrounding medical campus and limited new housing deliveries continue to support long-term residential demand in the area. Adjacent properties may also be available, creating a land assemblage opportunity of over 4 acres. Ownership retained Safdie Rabines Architects to conduct a feasibility study. This is available to review upon execution of a Confidentiality Agreement and can be discussed in depth with the Investment Sales team.