Commercial Development
For Sale
Contact for pricing
1251 University Ave, San Diego, CA 92103
Two adjacent parcels currently contain retail buildings occupied under month-to-month leases.
Property SizeContact for details
Days on Market143
Property Features for 1251 University Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - San Diego
Listed By:
Ricky Partida · License #02027870
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:25AM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This commercial land offering comprises two parcels at 1243 and 1251 University Ave in San Diego’s Hillcrest neighborhood. Together, the sites contain approximately 10,506 square feet, or 0.24 acres, with two existing retail properties leased to tenants on a month-to-month basis. Both properties have received full historical clearance from the City of San Diego.
The property falls within Tier 2 of the Complete Communities Housing Solutions Zoning framework, which provides an increased FAR allowance of 8.0. The underlying CC-3-8 zoning allows one dwelling unit per 600 square feet of lot area, with a minimum FAR of 1.5 and a mixed-use FAR of 2.5. University Avenue places the parcels near apartment developments, shops, restaurants, bars, public transportation, The Hub shopping center, and the UC San Diego Hillcrest Campus revitalization project. State Route 163, Interstate 5, and Interstate 8 provide regional access.
The property falls within Tier 2 of the Complete Communities Housing Solutions Zoning framework, which provides an increased FAR allowance of 8.0. The underlying CC-3-8 zoning allows one dwelling unit per 600 square feet of lot area, with a minimum FAR of 1.5 and a mixed-use FAR of 2.5. University Avenue places the parcels near apartment developments, shops, restaurants, bars, public transportation, The Hub shopping center, and the UC San Diego Hillcrest Campus revitalization project. State Route 163, Interstate 5, and Interstate 8 provide regional access.
Key Highlights
- Two parcels totaling approximately 10,506 square feet (0.24 Acres)
- Tier 2 Complete Communities Housing Solutions Zoning with 8.0 FAR allowance
- Underlying CC‑3‑8 zoning allows one dwelling unit for each 600 square feet of lot area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,378
Businesses Nearby
245k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 46%
Dining 26%
Shops & Services 18%
Apparel 5%
Whole Foods Market
Groceries
64,059 visits/mo
0.3 miles
Ralphs
Groceries
46,221 visits/mo
0.2 miles
Better Buzz Coffee Roasters
Dining
12,340 visits/mo
0.3 miles
Jack in the Box
Dining
12,210 visits/mo
0.3 miles
Hillcrest Ace Hardware
Home Improvements & Furnishings
10,284 visits/mo
0.1 miles
Demographics for 92103, CA
33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
Median Home Value
Market
Vacancy Rate% for Retail in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two adjacent parcels currently contain retail buildings occupied under month-to-month leases.
Where is this commercial land located?
The property is located at 1251 University Ave San Diego, CA.
What are key features of this property?
This property features: Two parcels totaling approximately 10,506 square feet (0.24 Acres); Tier 2 Complete Communities Housing Solutions Zoning with 8.0 FAR allowance; Underlying CC‑3‑8 zoning allows one dwelling unit for each 600 square feet of lot area
