3655-63 6Th Ave San Diego, CA 92103
- Apartment buildings
- 2,428 SF
Current Use by Public Records
- Apartment buildings
Property Details for 3655-63 6Th Ave
- Year built
- 1927
- Property size
- 2,428 SF
- Property type
- Apartment buildings
Description
Prime Hilcrest location, this 5-unit multifamily property (1 two-bedroom, one-bath house and 4 bungalows) presents a rare redevelopment opportunity. Built in 1927 and never before on the market, the property sits on a 6,313 sq ft lot and boasts 2,428 sq ft of existing building space. Currently vacant, it offers significant upside potential. The RM 3-9 zoning allows for residential development up to 10 units at 1/600 sq ft per unit. Its central location, blocks from hospitals, Balboa Park, and downtown San Diego, adds to its desirability. The property is situated within several advantageous designations including Complete Communities Housing Solutions (CCHS) FAR Tier 2: 8.0 FAR, Complete Communities Mobility Choices (CCMC) Mobility Zone 2, Sustainable Development Area (SDA), and Transit Priority Area. This is a value-add investment perfect for a 1031 exchange. Asking price: $2,395,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.16
- Latitude
- 32.7445
