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Multi-Family

8th Avenue Assemblage

3967 8th Ave, San Diego, CA 92103

Listing Price: Request For Offer

Lot Size
0.39 acres
Land Type
Redevelopment

Investment Overview

We are pleased to present 3967-89 8th Avenue, an exceptional development opportunity located in the heart of San Diego. Situated on a 17,167 SF lot with dimensions of 143’ x 120’, this property combines existing cash flow with incredible development potential. The site currently features a 16-unit apartment
complex generating $337,644 of gross income annually, providing investors with a unique opportunity to secure income while pursuing redevelopment.

The property is zoned CC-3-10, a versatile zoning designation allowing for a variety of residential, commercial, and mixed-use development options. Further enhancing its potential, the site is located within the Complete Communities Housing Solutions (CCHS) Tier 2 overlay, granting a Floor Area Ratio (FAR) of up to 8.0x. This high-density designation makes the property ideal for large-scale projects catering to San Diego’s ever-growing housing demand. Positioned in a Walker’s Paradise (Walk Score: 95), 3967-89 8th
Avenue offers unbeatable accessibility to shopping, dining, and entertainment options. The central location ensures a strong tenant pool for the existing units and makes future developments highly desirable. The 0.39-acre parcel is a blank canvas for developers and investors to capitalize on San Diego’s dynamic urban
market.

Investment Highlights

  • Prime Location: 17,167 SF lot in San Diego's heart with 143' x 120' dimensions, offering excellent accessibility and a Walk Score of 95.
  • Current Cash Flow: 16-unit apartment complex generating $337,644 in annual income, providing steady returns while pursuing redevelopment.
  • Development Potential: Zoned CC-3-10 with up to 8.0x FAR, ideal for high-density residential or mixed-use projects in a growing urban market.

Exclusively Listed By

Financing By

Multi-Family

8th Avenue Assemblage

Listing Price: Request For Offer

Lot Size
0.39 acres
Land Type
Redevelopment

Investment Highlights

  • Prime Location: 17,167 SF lot in San Diego's heart with 143' x 120' dimensions, offering excellent accessibility and a Walk Score of 95.
  • Current Cash Flow: 16-unit apartment complex generating $337,644 in annual income, providing steady returns while pursuing redevelopment.
  • Development Potential: Zoned CC-3-10 with up to 8.0x FAR, ideal for high-density residential or mixed-use projects in a growing urban market.

Investment Overview

We are pleased to present 3967-89 8th Avenue, an exceptional development opportunity located in the heart of San Diego. Situated on a 17,167 SF lot with dimensions of 143’ x 120’, this property combines existing cash flow with incredible development potential. The site currently features a 16-unit apartment complex generating $337,644 of gross income annually, providing investors with a unique opportunity to secure income while pursuing redevelopment. The property is zoned CC-3-10, a versatile zoning designation allowing for a variety of residential, commercial, and mixed-use development options. Further enhancing its potential, the site is located within the Complete Communities Housing Solutions (CCHS) Tier 2 overlay, granting a Floor Area Ratio (FAR) of up to 8.0x. This high-density designation makes the property ideal for large-scale projects catering to San Diego’s ever-growing housing demand. Positioned in a Walker’s Paradise (Walk Score: 95), 3967-89 8th Avenue offers unbeatable accessibility to shopping, dining, and entertainment options. The central location ensures a strong tenant pool for the existing units and makes future developments highly desirable. The 0.39-acre parcel is a blank canvas for developers and investors to capitalize on San Diego’s dynamic urban market.

Exclusively Listed By

Financing By

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