Millman Team Real Estate

$3,500,000

918 27th, San Diego, California 92102

  • Commercial Sale Property Type
Property 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.

Basic Details
Commercial Sale
For Sale
250035810SD
$3,500,000
Active
Mixed Use
Features
$0
Address Map
CA
San Diego
San Diego
92102
27th
918
No showings at this time; Please contact listing agent: Austin Ray Huffman (858) 373-3122 ahuffman@ipausa.com
92102 - San Diego
Additional Information
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6
2025-08-07
https://www.propertypanorama.com/instaview/snd/250035810
Broker/Agent Information
Marcus & Millichap
Austin Huffman
Listing Information
SAND-703739
SAND-62951
Active
2025-08-25T20:27:47Z
CRMLS
2025-08-07T17:00:00Z
Agent info
Ray Millman
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