Whitewater Commercial Real Estate is pleased to present 4044 Georgia Street, a fully entitled Ready-to-Issue (RTI) multifamily development opportunity located at the intersection of Hillcrest and University Heights, two of San Diego's most desirable urban neighborhoods. The project is approved for a six-story, 36-unit apartment community consisting of 35… Read More one-bedroom units and 1 studio apartment. Located within the City's Complete Communities Program and designated Opportunity Zone, the property offers developers the opportunity to immediately commence construction while avoiding the time and uncertainty associated with the entitlement process. The Opportunity Zone designation may provide substantial tax benefits for qualified investors, further enhancing the project's long-term investment appeal. The approved project features a modern podium-style design with private balconies, expansive window lines, and an efficient unit mix tailored to meet strong rental demand. The project includes seven on-site parking spaces with the ability to incorporate parking lifts for additional capacity. Situated just minutes from Hillcrest, University Heights, North Park, Balboa Park, and Downtown San Diego, the property offers future residents convenient access to major employment centers, restaurants, retail, entertainment, and public transportation. Read Less
Courtesy of Whitewater CRE Inc, 925-766-1062, Carson P Trujillo.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Lots/Land
MLS Number
260015465
Additional Details
Property Access
"N/K"
Building
Built in 0, Building area total: 0, Living area: 0, Living area units: Sqft, Building area units: Sqft, Unit number: St
Fence
"Partial"
Water Features
Irrigation source: "N/K", Water source: "Available"
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Source: San Diego MLS
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