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R-4 Multifamily Development Land
For Sale
$1,399,900

1229 Hollister St, San Diego, CA 92154

0.90-acre R-4 site sold with engineer-stamped concept plans for a residential infill project.

Property SizeContact for details
Lot Size0.90 Acres
Days on Market71

Property Features for 1229 Hollister St

General Information

Standard status Active
Lot size 0.90 Acres
Property subtype Land
Zoning R-4

Additional Details

Highway Access Yes
Multifamily Units 24
Listing Agency: Coldwell Banker
Listed By: Steven Rotsart · License #01254025
Source: Elliman
Added: Jun 3 Changed: Aug 8 Last Checked: Jul 16 at 11:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker

Investment Insights

Based on property information with market context.

This 0.90-acre R-4 multifamily development site includes engineer-stamped concept plans for a 24-unit residential layout plus one 2,205-square-foot single-family residence. The property is flat to gently sloped with existing access points and planned retaining wall engineering. Due diligence materials are available for review, including completed structural plans, topographic survey, elevation report, and geotechnical evaluation, along with TRWE HEC-RAS floodplain analysis.

City permit review is in process. The analysis indicates potential to expand the buildable area from approximately 22,000 square feet to approximately 35,000 square feet, which may support up to about 30 units, pending FEMA map revision (LOMR/CLOMR). The site is located in the Nestor neighborhood of South San Diego and is about 0.9 miles to I-5 and I-805 access. Nearby grocery, transit, and commercial services support day-to-day access, and Imperial Beach is approximately 56 miles away.

Offered for sale with plans and supporting documents, this land is best suited for buyers and developers looking to pursue R-4 multifamily development with a defined starting point for design and permitting. Buyer is responsible for verifying development potential with the City of San Diego and FEMA.

Key Highlights

  • 0.90‑acre R‑4 multifamily development site in the Nestor neighborhood of South San Diego
  • Engineer‑stamped concept plans for a 24‑unit residential layout plus one 2,205 sq ft single‑family residence
  • City permit review in process with completed structural plans, topographic survey, elevation report, and geotechnical evaluation

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hair Salon Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby

Demographics for 92154, CA

84,027
Population
23,832
Households
3.5
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
51.3 sq mi
ZIP Area
1,638
Density / Sq Mi
$90,035
Median Household Income
$42,333
Median Earnings
$2,143
Median Rent
$606,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.90-acre R-4 site sold with engineer-stamped concept plans for a residential infill project.
Where is this residential land & home lot located?
The property is located at 1229 Hollister St San Diego, CA.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: 0.90‑acre R‑4 multifamily development site in the Nestor neighborhood of South San Diego; Engineer‑stamped concept plans for a 24‑unit residential layout plus one 2,205 sq ft single‑family residence; City permit review in process with completed structural plans, topographic survey, elevation report, and geotechnical evaluation
More about this property
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