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$3,250,000
Est. payment /mo
9 Beds
6 Baths
17,560 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 17,560 sqft
Price per Sqft $185
MLS Listing ID 250035810
Bedrooms 9
Full Baths 6
Property Sub-Type Com-Res Income
Property Description
We are pleased to offer 918-32 27th Street, an advantageous three-lot assembly in San Diego's vibrant Golden Hill neighborhood, offering a blend of immediate income and substantial redevelopment potential. Comprised of 3 parcels on a 17,560 SQ FT lot, this property distinctively features six revenue-generating duplex units. There are currently three (3) one-bedroom/one-bathroom units (500 SF each) and three (3) two-bedroom/one-bathroom units (600 SF each). The units, a mix of long-term leases and furnished short-term rentals, provide consistent cash flow for investors. Located 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 125+ unit development. With historical clearances already secured, the lot's elevated position offers sweeping views of the San Diego skyline and Coronado Bridge, enhancing its allure for future residents. Golden Hill's lively urban fabric, with a Walk Score of 86, places tenants within steps of eclectic experiential 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, Balboa Park's oldest design feature. Quick access to Downtown, North Park, Hillcrest, and major freeways (I-5, I-94) ensures seamless connectivity and convenience from this central location.
Location
State CA
County San Diego
Area Metro Central
Direction No showings at this time; Please contact listing agent: Austin Ray Huffman (858) 373-3122 ahuffman@ipausa.com
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 5344112100
Virtual Tour https://www.propertypanorama.com/instaview/snd/250035810
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Listed by Austin Huffman, DRE#01981817 Marcus & Millichap
Nearby School & Business
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