Golden Hill Redevelopment
918 27th St San Diego, CA 92102
For Sale
$3,250,000
Three-lot assembly with income and redevelopment potential in San Diego.
Days on Market113
Property Features for 918 27th St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
Marcus & Millichap
(858) 373-3166
Listed By:
Christopher J. Zorbas · License #License(s): CA: 01301418
(858) 373-3166
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 24 at 4:35AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
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.
