San Diego, CA92102
| MLS# 250035805SD
Tract:
For Sale $3,500,000
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.
Facts
| Built in | Lot Size: 0.00 sqft | HOA Dues: $0/month
Features
Listing provided by Austin Huffman, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of August 8, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
