Commercial Land Development
For Sale
Contact for pricing
Pending
1601 University Ave, San Diego, CA 92103
The assemblage includes two retail properties, two homes, and one billboard under development-oriented zoning.
Property SizeContact for details
Days on Market144
Property Features for 1601 University Ave
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Marcus & Millichap - San Diego
Listed By:
Ricky Partida · License #02027870
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 9:09PM
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 four-parcel commercial land assemblage occupies approximately 18,828 square feet (0.43 acres) at University Avenue and Herbert Street. Existing improvements include two retail properties, two residential homes, and one billboard. The properties have received full historical clearance from the City of San Diego.
The site falls within Tier 2 of the Complete Communities Housing Solutions Zoning framework, with an increased FAR allowance of 8.0. Underlying CC-3-8 zoning allows one dwelling unit per 600 square feet of lot area, establishes a minimum FAR of 1.5, and provides a FAR Mixed designation of 2.5. The offering includes 1601-7 University Ave and 3833, 3839, and 3843 Herbert St in San Diego.
Nearby context includes Eitol Luxury Loft Towers, shops and bars along University Avenue, The Hub grocery-anchored center, and the UC San Diego Hillcrest Campus. State Route 163, Interstate 5, Interstate 8, major public transportation, downtown San Diego, and Balboa Park are also identified in the surrounding area.
The site falls within Tier 2 of the Complete Communities Housing Solutions Zoning framework, with an increased FAR allowance of 8.0. Underlying CC-3-8 zoning allows one dwelling unit per 600 square feet of lot area, establishes a minimum FAR of 1.5, and provides a FAR Mixed designation of 2.5. The offering includes 1601-7 University Ave and 3833, 3839, and 3843 Herbert St in San Diego.
Nearby context includes Eitol Luxury Loft Towers, shops and bars along University Avenue, The Hub grocery-anchored center, and the UC San Diego Hillcrest Campus. State Route 163, Interstate 5, Interstate 8, major public transportation, downtown San Diego, and Balboa Park are also identified in the surrounding area.
Key Highlights
- Four parcels total approximately 18,828 square feet (0.43 Acres)
- Tier 2 Complete Communities Housing Solutions Zoning with 8.0 FAR allowance
- 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
3,859
Businesses Nearby
226k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 61%
Dining 17%
Shops & Services 15%
Home Improvements & Furnishings 5%
Whole Foods Market
Groceries
64,059 visits/mo
0.5 miles
Ralphs
Groceries
46,221 visits/mo
0.3 miles
Sprouts Farmers Market
Groceries
25,356 visits/mo
0.5 miles
Better Buzz Coffee Roasters
Dining
12,340 visits/mo
0.4 miles
Jack in the Box
Dining
12,210 visits/mo
0.5 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 - The assemblage includes two retail properties, two homes, and one billboard under development-oriented zoning.
Where is this commercial land located?
The property is located at 1601 University Ave San Diego, CA.
What are key features of this property?
This property features: Four parcels total approximately 18,828 square feet (0.43 Acres); Tier 2 Complete Communities Housing Solutions Zoning with 8.0 FAR allowance; CC‑3‑8 zoning allows one dwelling unit for each 600 square feet of lot area
