3961 Georgia, HILLCREST, CA

$2,095,000

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3

Beds

3

Baths

0.16

Acres

About 3961 Georgia

Fully renovated craftsman house and one-bedroom flat with large usable lot for ADU's or high density development. Located on the boarder of North Park and Hillcrest (92103) in one of central San Diego's strongest housing markets. The property is located in an Opportunity Zone, and is Complete Communities Tier 3 with an FAR of 6.5. The base zoning is RM-3-9 (600 SF/DU). The two existing homes on site are currently rented for $3,480 and $2,050 per month. The property has proposed entitlements to build 22 additional units in the rear yard (24 units total). Proposed Building Plans are available upon request. Hillcrest is central San Diego’s premier residential neighborhood offering a vibrant urban lifestyle while still maintaining a sense of tranquility. The area is thriving with new construction along with renovation of existing buildings, offering a unique blend of historic charm and contemporary urban living. Residents are walking distance to top ranked restaurants, parks, trendy cafés, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diego’s preeminent recreational destination. Hillcrest also feature numerous convenient thoroughfares, allowing easy access to Downtown and Mission Valley, along with Hwy 163, I-5, and I-8. As a result, Hillcrest has become a magnet for young professionals, families, and high net worth individuals, making it ideal for real estate investment and development.

Features of 3961 Georgia

MLS® # 240009945
Price $2,095,000
Bedrooms 3
Bathrooms 3.00
Acres 0.16
Year Built 1914
Type Residential Income
Status ACTIVE

Community Information

Address 3961 Georgia
Area MISSION HILLS (92103)
Subdivision Hillcrest/North Park
City HILLCREST
County San Diego
State CA
Zip Code 92103

Amenities

View Evening Lights, Mountains/Hills, Valley/Canyon
Is Waterfront No
Has Pool No

Interior

Cooling Central Forced Air
Fireplace Yes
# of Fireplaces 1
# of Stories 1

Exterior

Exterior Stucco, Wood/Stucco
Roof Composition

Additional Information

Date Listed May 6th, 2024
Days on Market 14
Zoning RM-3-9
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCBRE

Listing Map

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