Prime Hillcrest Multifamily Development Opp | 3752-3772 10th Ave
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Prime Hillcrest Multifamily Development Opp 3752-3772 10th Ave
20 Unit Apartment Building For Sale San Diego, CA 92103
Investment Highlights
- The development opportunity allows for a total buildable square footage of up to approximately 260,000 SF
- Very walkable location just a block from The Hub Hillcrest shopping center
Executive Summary
OFFERS DUE BY THURSDAY 12/5/24
Pacific Coast Commercial with Dave Dilday and Ken Robak have been retained as the exclusive advisors for the sale of a development opportunity in the heart of Uptown’s dynamic Hillcrest community.
The development opportunity allows for a total buildable square footage of up to approximately 260,000 SF in a very walkable location just a block from The Hub Hillcrest shopping center, located on University Ave. The Hub is a 150,000 SF commercial center with Trader Joes and Ralphs as duel anchor tenants. In addition, Whole Foods is located just two blocks to the south on University Ave.
Land Area: ± 33,114 SF (Primary Parcels total ± 29,614 SF plus the possible addition of ± 3,500 SF from Alley vacation)
Entitlements: CCHS or Process 1 with the City of San Diego (Alley vacation is a Process 5 approval)
Existing Use: 20 unit apartment building, duplex, and three single family homes
Income: Del Oro Apartments generates approximately $200,000 NOI annually
Pacific Coast Commercial with Dave Dilday and Ken Robak have been retained as the exclusive advisors for the sale of a development opportunity in the heart of Uptown’s dynamic Hillcrest community.
The development opportunity allows for a total buildable square footage of up to approximately 260,000 SF in a very walkable location just a block from The Hub Hillcrest shopping center, located on University Ave. The Hub is a 150,000 SF commercial center with Trader Joes and Ralphs as duel anchor tenants. In addition, Whole Foods is located just two blocks to the south on University Ave.
Land Area: ± 33,114 SF (Primary Parcels total ± 29,614 SF plus the possible addition of ± 3,500 SF from Alley vacation)
Entitlements: CCHS or Process 1 with the City of San Diego (Alley vacation is a Process 5 approval)
Existing Use: 20 unit apartment building, duplex, and three single family homes
Income: Del Oro Apartments generates approximately $200,000 NOI annually
Property Facts
Sale Type | Investment | Lot Size | 0.68 AC |
No. Units | 20 | Building Size | 18,384 SF |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1930 |
Apartment Style | Garden | Parking Ratio | 0.98/1,000 SF |
Building Class | C |
Sale Type | Investment |
No. Units | 20 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.68 AC |
Building Size | 18,384 SF |
No. Stories | 2 |
Year Built | 1930 |
Parking Ratio | 0.98/1,000 SF |
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Walk Score ®
Walker's Paradise (95)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $377,709 CAD | |
Land Assessment | $770,181 CAD | Total Assessment | $1,147,890 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$770,181 CAD
Improvements Assessment
$377,709 CAD
Total Assessment
$1,147,890 CAD
zoning
Zoning Code | C (RM -3-9/Tier 2 Complete Communities/ Hillcrest Focused Plan) |
C (RM -3-9/Tier 2 Complete Communities/ Hillcrest Focused Plan) |
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Prime Hillcrest Multifamily Development Opp | 3752-3772 10th Ave
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