5488 New Mills Rd - Residential LAND FOR SALE


San Diego, CA 92115- College West34,848 SF
$749,999 USD
415-562-7698
5488 New Mills Rd, San Diego, CA for Sale
$749,999 USD
Residential LAND - FOR SALE
1/18
34,848 SF

5488 New Mills Rd
San Diego, CA 92115
College West


HIGHLIGHTS

  • 1 mile south of SDSU

OVERVIEW

Sellers are motivated - Article in Times of San Diego Nov 2025 highlight meaningful housing boom for SDSU neighborhood - https://timesofsandiego.com/politics/2025/11/24/san-diego-college-area-community-plan-housing-sdsu/. With College Area Community Plan approved, this parcel has the potential to allow 5-9 dwelling units per acre pending city approval of submitted plans. Discover an exceptional investment opportunity in the College Area near SDSU! Nestled 1.1 miles walking from the campus, this prime real estate is brimming with potential for development and subdivision. The parcel has long been envisioned as an investment property. Now is the perfect moment to seize this rare opportunity and transform this property. Email ryan@robconrealty.com for the marketing packet that provides more details and photos of designs rendered in 2023. Details about the property: -Current owners worked with a construction company with limited scope to determine building options for single family and ADU/Junior ADU - More units can (and should) be explored via subdivision -Topography of ~1 acre parcel includes ~0.3 acres of flat land on the bottom level, 0.3-0.4 acres of slope among the property, and another 0.2-0.3 acres of flat land on top level -A previous workshop sits on the property that can be used for garage/storage space -There is an open drainage that can be filled -Please review private remarks

FOR SALE DETAILS

PRICE

$749,999 USD

PRICE/ACRE

$937,499/AC

PRICE/SF

$22 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

5488 New Mills Rd

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Single Family Residence

LAND ACRES

0.8 AC

LAND SF

34,848 SF

OFFSITE IMPROVEMENTS

-

ZONING

RS-1-7

APN/PARCEL ID

466-880-59

ASK ABOUT THIS PROPERTY

Ryan HawkinsGuardianship R.E. SolutionsMore Info
415-562-7698

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Ryan HawkinsGuardianship R.E. SolutionsMore Info
415-562-7698

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