Downtown San Diego Redevelopment
1122 Fourth Avenue San Diego, CA 92101
1122 Fourth Avenue, San Diego, CA, 92101
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For Sale
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Rare redevelopment site in the heart of San Diego's Core District.
Lot Size0.57 Acres
Days on Market115
Property Features for 1122 Fourth Avenue
General Information
- Standard status
- Active
- Lot size
- 0.57 Acres
- Property subtype
- Land
Listing Agency
CBRE
(858) 922-3459
Listed by
Jason Kimmel · License #01496694
(858) 922-3459
Source
Cbre
Added: Mar 25 Checked: Jul 17 at 2:50 am
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Investment Insights
Based on property information with market context.
Located at 1122 Fourth Avenue in Downtown San Diego, the California Theatre Site offers a redevelopment opportunity in the heart of the Core District. The 25,103 square foot (0.57 acres) site is eligible for Density Bonus Law incentives and waivers or Complete Communities Tier 1, providing design flexibility for future ministerial development. A utilized Site Development Permit with no expiration streamlines the pathway to redevelopment, as the project’s historical impacts have been fully satisfied. The site allows for a range of development opportunities and access to Downtown incentive programs. The City of San Diego has confirmed that the historical resources attached to the site have been satisfied, and SOHO has committed to non-opposition of future redevelopment. There is an agreed pathway with the City of San Diego for an expedited demolition permit process with no salvage and restoration requirements. Existing approvals and flexible zoning can be leveraged to reduce entitlement risk and accelerate timelines. Nearby luxury projects demonstrate a strong appetite for high-end urban living and set a premium benchmark for rental rates. The site has immediate access to I-5, the San Diego Trolley, and San Diego International Airport.
Key Highlights
- By‑Right Redevelopment Opportunity: Allows diverse development options and access to Downtown incentive programs.
- High Design Flexibility: Eligible for Density Bonus Law incentives, offering unmatched design flexibility.
- Streamlined Redevelopment: Site Development Permit with no expiration; historical impacts fully satisfied.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
1122 Fourth Ave ...
Parking Lot & Garage
California Theatre
Cinema
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FAQs
What type of property is this?
Commercial land - Rare redevelopment site in the heart of San Diego's Core District.
Where is this commercial land located?
The property is located at 1122 Fourth Avenue San Diego, CA.
What are key features of this property?
This property features: By‑Right Redevelopment Opportunity: Allows diverse development options and access to Downtown incentive programs.; High Design Flexibility: Eligible for Density Bonus Law incentives, offering unmatched design flexibility.; Streamlined Redevelopment: Site Development Permit with no expiration; historical impacts fully satisfied.
