Golden Hill Redevelopment Opportunity

918 27th St, San Diego, CA 92102

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For Sale

$3,250,000

Three-lot assembly with income and redevelopment potential in San Diego.

Type:Multifamily

HighLights

Significant redevelopment potential with 6.5 FAR, allowing for a large‑scale development (up to 113,951 sq ft) and 125+ units.
Immediate income from six existing duplex units (mix of 1‑bed and 2‑bed) with both long‑term leases and short‑term rentals.
Located in a Qualified Opportunity Zone (QOZ) with favorable zoning (RM 2‑5), SDA overlay, and Tier 3 Complete Communities designation.
Sweeping views of the San Diego skyline and Coronado Bridge from the elevated lot position.
Prime location in the vibrant Golden Hill neighborhood with an 86 Walk Score, near dining, shops, and cultural attractions.
Historical clearances already secured, streamlining the redevelopment process.

We can help!

Listing Contact

Christopher J. Zorbas

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For Sale

$3,250,000

Three-lot assembly with income and redevelopment potential in San Diego.

Type:Multifamily

Added:: Apr 3, 2026
Days on Market:: 68
Last Refresh:: Apr 3 at 5:08 am

Property Features for 918 27th St

General Information

Standard status: Active
Property subtype: Multifamily

We can help!

Listing Contact

Christopher J. Zorbas

Listing agent Christopher J. Zorbas License #CA: 01301418

Listing office San Diego Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 San Diego Office

HighLights

Significant redevelopment potential with 6.5 FAR, allowing for a large‑scale development (up to 113,951 sq ft) and 125+ units.
Immediate income from six existing duplex units (mix of 1‑bed and 2‑bed) with both long‑term leases and short‑term rentals.
Located in a Qualified Opportunity Zone (QOZ) with favorable zoning (RM 2‑5), SDA overlay, and Tier 3 Complete Communities designation.
Sweeping views of the San Diego skyline and Coronado Bridge from the elevated lot position.
Prime location in the vibrant Golden Hill neighborhood with an 86 Walk Score, near dining, shops, and cultural attractions.
Historical clearances already secured, streamlining the redevelopment process.

Overview

Located in San Diego’s Golden Hill neighborhood, this property features a three-lot assembly offering immediate income and redevelopment potential. The property includes six revenue-generating duplex units. There are three one-bedroom, one-bathroom units, each measuring 500 square feet, and three two-bedroom, one-bathroom units, each measuring 600 square feet. The units are a mix of long-term leases and furnished short-term rentals, providing consistent cash flow. Situated in a Qualified Opportunity Zone (QOZ) with RM 2-5 zoning, an SDA overlay, and Tier 3 Complete Communities designation, the site supports a 6.5 FAR, enabling up to 113,951 square feet of buildable space, potentially yielding a development of over 125 units. Historical clearances have already been secured. The lot's elevated position offers views of the San Diego skyline and Coronado Bridge. Golden Hill has a Walk Score of 86, placing tenants near dining spots like Turf Supper Club and Counterpoint, boutique shops, and cultural hubs like the San Diego Museum of Art and the Golden Hill Fountain Grotto. Quick access to Downtown, North Park, Hillcrest, and major freeways (I-5, I-94) ensures connectivity. This property is intended for investors seeking a cash-flowing asset with transformative growth potential.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

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Local Demand

City: San Diego
County: San Diego
State: California
Longitude: -117.1363258
Latitude: 32.7151774

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For sale
Duplexes
CA
San Diego
92102
918 27th St

What type of property is this?

Duplex - Three-lot assembly with income and redevelopment potential in San Diego.

Where is this duplex located?

The property is located at 918 27th St San Diego, CA.

What is the asking price?

The asking price for this property is $3,250,000.

What are key features of this property?

This property features: Significant redevelopment potential with **6.5 FAR, allowing for a large‑scale development (up to 113,951 sq ft) and 125+ units**.; Immediate income from six existing duplex units (mix of 1‑bed and 2‑bed) with both long‑term leases and short‑term rentals.; Located in a Qualified Opportunity Zone (QOZ) with favorable zoning (RM 2‑5), SDA overlay, and Tier 3 Complete Communities designation.