3830 First Ave #13, San Diego, CA 92103 - MLS#250037588

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,300,000

Est. payment | -/mo

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$ 2,300,000

Est. payment | -/mo

Save

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

Subdivision Hillcrest

MLS Listing ID 250037588

Property Sub-Type Lots/Land

Property Description

We are pleased to present “First Avenue Lofts,” a fully entitled and RTI (ready to issue) 56-unit multifamily development opportunity located at 3830 First Avenue, San Diego, CA. Once completed, First Avenue Lofts will feature sixteen (16) studio units averaging 380 square feet and forty (40) one-bedroom/one-bathroom units ranging from 570 to 715 square feet. The eight-story building will total 37,975 square feet, including 32,215 net rentable square feet. Each residence will be outfitted with modern, high-end finishes such as 9-foot ceilings, quartz countertops, full kitchen appliance packages, HVAC, built-in shelving, and custom cabinetry. Positioned in the heart of Hillcrest, one of San Diego's most desirable rental neighborhoods, the property offers exceptional visibility and premier walkability. With a Walk Score of 97, Walkscore.com designates the area a “Walker's Paradise.” Just under a mile from Balboa Park, residents will have access to an array of recreational amenities including tennis courts, a public pool, baseball fields, an archery range, hiking trails, a dog park, disc golf course, playgrounds, and a dedicated bicycle speed track. The property also provides immediate pedestrian access to the popular dining and entertainment venues along University Avenue and Robinson Avenue. Strategically located near CA-163 and Interstate 5, First Avenue Lofts offers direct connectivity to San Diego's primary employment hubs such as Downtown, Mission Valley, and Kearny Mesa. This development represents a rare opportunity to acquire a shovel-ready project in Hillcrest.

Location

State CA

County San Diego

Area Metro Uptown

Direction Please contact listing agent: Austin Ray Huffman (858) 373-3122 ahuffman@ipausa.com

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 4520431200

Listed by Austin Huffman Marcus & Millichap

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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3830 First Ave #13 San Diego, CA 92103