Address: 3752 10th Ave, San Diego, CA 92103, USA
Created date: November 7, 2024
Date last updated: December 2, 2024
Property Description
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