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Informations principales sur l'investissement
- Robust Development Potential: Zoned for up to 125+ units with a 6.5 FAR (~113,951 SF) spread across multiple parcels.
- Situated on three contiguous parcels that total 17,560 sq ft with attractive RM-2-5 zoning.
- Property has cleared historical review
- Immediate Income: Six units (3 long-term, 3 short-term rentals) that can deliver revenue during planning or entitlement stages.
- Prime Urban Location: Proximity to downtown, Balboa Park, and major transit routes, with iconic skyline and bridge views.
- Rare Opportunity Zone Location: providing the next developer with potential tax savings and benefits.
Résumé analytique
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. This property presents a noteworthy opportunity to acquire a cash-flowing asset with transformative growth potential in one of San Diego’s most dynamic markets.
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. This property presents a noteworthy opportunity to acquire a cash-flowing asset with transformative growth potential in one of San Diego’s most dynamic markets.
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- Offering Memorandum
Informations sur l’immeuble
| Prix | 2 804 327 € | Classe d’immeuble | C |
| Prix par lot | 467 388 € | Surface du lot | 0,16 ha |
| Type de vente | Investissement | Surface de l’immeuble | 434 m² |
| Nb de lots | 6 | Nb d’étages | 1 |
| Type de bien | Immeuble residentiel | Année de construction | 1936 |
| Sous-type de bien | Appartement | Zone de développement économique [USA] |
Oui
|
| Style d’appartement | De faible hauteur | ||
| Zonage | RM-2-5 | ||
| Prix | 2 804 327 € |
| Prix par lot | 467 388 € |
| Type de vente | Investissement |
| Nb de lots | 6 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,16 ha |
| Surface de l’immeuble | 434 m² |
| Nb d’étages | 1 |
| Année de construction | 1936 |
| Zone de développement économique [USA] |
Oui |
| Zonage | RM-2-5 |
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1 | 3 | - | 46 |
| 2+1 | 3 | - | 56 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Taxes foncières
| N° de parcelle | Évaluation des aménagements | 416 742 € | |
| Évaluation du terrain | 1 565 906 € | Évaluation totale | 1 982 648 € |
Taxes foncières
N° de parcelle
Évaluation du terrain
1 565 906 €
Évaluation des aménagements
416 742 €
Évaluation totale
1 982 648 €
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918-32 27th Street
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