CA > San Diego
San Diego, CA 92103,1040-42 W Redwood Street #5
San Diego, CA 92103,1040-42 W Redwood Street #5
San Diego, CA 92103,1040-42 W Redwood Street #5
5
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$2,450,000
Est. payment /mo
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8,749 Sqft Lot
Active

1040-42 W Redwood Street #5 San Diego, CA 92103

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Jesse Ibanez

Jesse Ibanez

The GreenHouse Group

+1(858) 337-2796

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250030007

HOA Y/N No

Lot Size 8,749 Sqft

Acres 0.2

Property Sub-Type Lots/Land

Property Description

Located in the highly sought-after Mission Hills neighborhood, 1040-42 Redwood Street presents an exceptional opportunity for developers and investors. Situated on an approximately 8,749 SF (0.2-acre) lot with dimensions of 87.5' x 100', this parcel offers flexibility and scale for a wide range of development options. The property currently features a duplex with a garage and is zoned RM-2-5, with a CCHS Tier 3 zoning overlay that allows for a 6.5x Floor Area Ratio (FAR). This zoning configuration, along with FAA clearance for up to 5 stories from grade, provides the framework for significant density—ideal for high-end multifamily or mixed-use projects. Mission Hills is experiencing strong growth, driven by its central location and increasing demand for urban infill projects. The area benefits from the ongoing revitalization initiatives, proximity to major employment hubs, and strong community appeal. The neighborhood's classic charm, combined with modern accessibility, makes this a highly desirable site for long-term value and development upside.

Location

State CA

County San Diego

Area Mission Hills (92103)

Zoning RM-2-5

Exterior

Fence Partial

Utilities Available Other/Remarks

Building

Lot Size Range 7500-10889 SF

Water Other/Remarks

Others

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Virtual Tour https://www.propertypanorama.com/instaview/snd/250029623

San Diego Regional MLS (SDMLS)
Listed by Aaron Bove • Marcus & Millichap

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agent

Jesse Ibanez

Agent | License ID: 01405643

+1(858) 337-2796

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1040-42 W Redwood Street #5

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