Multifamily Development Site in San
4970 Market St, San Diego, CA
For Sale
Contact for pricing
2.43-acre multifamily residential site approved for 73 units.
Property SizeContact for details
Lot Size2.43 Acres
Days on Market412
Property Features for 4970 Market St
General Information
Standard status
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
CBRE | San Diego
(858) 546-4600
Listed By:
Joe Yetter · License CA #00947371
(858) 775-3214
Source:
Moodyscre
Added: Sep 26, 2025
Changed: Oct 25
Last Checked: Nov 10 at 9:00AM
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 CBRE | San Diego
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2.43-acre property is a fully entitled and permitted multifamily residential site in San Diego. It is approved for a low density of 73 units. The unit mix includes 23 one-bedroom, one-bathroom units, 16 two-bedroom, two-bathroom units, and 34 three-bedroom, three-bathroom townhomes, each with direct access garages. The underlying zoning is CC-3-6, allowing for 1 unit per 1,000 square feet of land. However, the site is subject to the City of San Diego Complete Communities Housing Solutions Tier 3, potentially allowing a significantly higher density of up to 6.5 F.A.R. The site is located within a Qualified Opportunity Zone, offering investors significant tax advantages. The Opportunity Zone program has been permanently extended with certain modifications and enhancements.
Key Highlights
- Located within a Qualified Opportunity Zone offering significant tax advantages.
- Fully entitled and permitted multifamily residential site approved for 73 units.
- Approved unit mix includes 1, 2, and 3‑bedroom units including townhomes with direct access garages.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Land in San Diego
Frequently Asked Questions
What type of property is this?
Land - 2.43-acre multifamily residential site approved for 73 units.
Where is this land located?
The property is located at 4970 Market St San Diego, CA.
What are key features of this property?
This property features: Located within a Qualified Opportunity Zone offering significant tax advantages.; Fully entitled and permitted multifamily residential site approved for **73 units**.; Approved unit mix includes 1, 2, and 3‑bedroom units including townhomes with direct access garages.
