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
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
- 55 days
- on Zillow |
- 108 |
- 2 |
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#: 250030007
Originating MLS: San Diego Association of REALTOR

Travel times
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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