REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Kevin Silverstein

[email protected] +1(619) 203-7041

$2,425,000

Est. payment - /mo

Save Virtual Tour

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 260015465

Property Sub-Type Lots/Land

Property Description

Whitewater Commercial Real Estate is pleased to present 4044 Georgia Street, a fully entitled Ready-to-Issue (RTI) multifamily development opportunity located at the intersection of Hillcrest and University Heights, two of San Diego's most desirable urban neighborhoods. The project is approved for a six-story, 36-unit apartment community consisting of 35 one-bedroom units and 1 studio apartment. Located within the City's Complete Communities Program and designated Opportunity Zone, the property offers developers the opportunity to immediately commence construction while avoiding the time and uncertainty associated with the entitlement process. The Opportunity Zone designation may provide substantial tax benefits for qualified investors, further enhancing the project's long-term investment appeal. The approved project features a modern podium-style design with private balconies, expansive window lines, and an efficient unit mix tailored to meet strong rental demand. The project includes seven on-site parking spaces with the ability to incorporate parking lifts for additional capacity. Situated just minutes from Hillcrest, University Heights, North Park, Balboa Park, and Downtown San Diego, the property offers future residents convenient access to major employment centers, restaurants, retail, entertainment, and public transportation.

Location

State CA

County San Diego

Area Metro Uptown

Zoning RM-3-9

Interior

Fireplace No

Exterior

Fence Partial

Utilities Available Electric

View Y/N No

Water Access Desc Available

Building

Water Available

Others

Senior Community No

Tax ID 445-551-18-00

Acceptable Financing Conventional

Listing Terms Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260015465

Read Less Info

Listed by Carson P Trujillo, DRE#01974818 Whitewater CRE Inc

Nearby School & Business

Get More Information

Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities

4044 Georgia #St San Diego, CA 92103

Kevin Silverstein

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information