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Lot/land
  • Price cut: $175K (7/14)
    $2,275,000

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

    0beds
    0baths
    8,712Square Feet
    Unimproved Land
    Built in ----
    8,712 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    PRICE ADJUSTED... 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.null
    55 days
    on Zillow
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    108
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    2
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    Zillow last checked: 7 hours ago

    Listing updated: July 14, 2025 at 12:27pm

    Listed by:

    Aaron Bove DRE #01318320 858-945-7094,

    Marcus & Millichap

    Source: SDMLS,MLS#: 250030007MLS LogoOriginating MLS: San Diego Association of REALTOR
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Interior area
    • Total structure area: 0
    Video & virtual tour

    Property

    Features
    • Fencing: Partial
    • Frontage type: Other/Remarks
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 4515430500
    • Zoning: RM-2-5
    • Zoning description: RM-2-5

    Utilities & green energy

    • Water: Other/Remarks
    • Utilities for property: Other/Remarks

    Community & HOA

    Community
    • Subdivision: Mission Hills/Fairway(1862)
    Location
    • Region: San Diego

    Financial & listing details

    • Date on market: 6/9/2025
    • Listing terms: Cash,Conventional,Exchange
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