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Permit-Ready Multifamily Development Opportunity

4359 Temecula St, San Diego, CA 92107

For Sale
$1,625,000

Permit-ready multifamily development in Point Loma Heights, San Diego.

Property Size5,898 SF
Lot Size0.10 Acres
Price / SF$275.52
Days on Market230

Property Features for 4359 Temecula St

General Information

Standard status Active
Size 5,898 SF
Lot size 0.10 Acres
Property subtype Land

Site & Location

Neighborhood Point Loma Heights
Listing Agency: Colliers International SD, Inc
Listed By: Aaron Bove · License CA #01318320
Source: Kaleorealestate
Added: Mar 27 Changed: Oct 26 Last Checked: Nov 10 at 8:08AM

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 Colliers International SD, Inc

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Investment Insights

Based on property information with market context.

Located at 4359 Temecula St in San Diego, this property offers a permit-ready coastal multifamily development opportunity in the desirable Point Loma Heights neighborhood. The project has approved plans for a 9-unit residential development, including 7 market-rate units and 2 affordable units, on a site zoned RM-3-7 with approximately 4,379 square feet. The proposed development is a three-story residential building featuring modern coastal architecture and efficient unit layouts. This offering allows a developer to move directly into construction. The property is situated minutes from Sunset Cliffs, Ocean Beach, Liberty Station, and Point Loma Village, benefiting from coastal demand drivers, walkability, and convenient access to major employment hubs. Point Loma experiences limited new multifamily supply, supporting rental demand and long-term investment fundamentals. This is an opportunity to deliver new construction housing in one of San Diego’s supply-constrained and desirable coastal submarkets. The property size is 5,898 square feet.

Key Highlights

  • Permit‑ready (RTI) for a 9‑unit multifamily development, allowing immediate start of construction.
  • Located in the highly desirable Point Loma Heights neighborhood of San Diego.
  • Approved plans include 7 market‑rate units and 2 affordable units.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Food Market Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply

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

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

Demographics for 92107, CA

28,684
Population
14,658
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
3.0 sq mi
ZIP Area
9,561
Density / Sq Mi
$107,262
Median Household Income
$61,936
Median Earnings
$2,208
Median Rent
$1,218,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Permit-ready multifamily development in Point Loma Heights, San Diego.
Where is this residential land & home lot located?
The property is located at 4359 Temecula St San Diego, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Permit‑ready (RTI) for a 9‑unit multifamily development, allowing immediate start of construction.; Located in the highly desirable Point Loma Heights neighborhood of San Diego.; Approved plans include 7 market‑rate units and 2 affordable units.
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