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Bankers Hill Development Site 3 Properties in San Diego, CA
INVESTMENT HIGHLIGHTS
- Land Area: ±24,709 SF across 3 contiguous parcels
- Location: Just one block from Balboa Park – walkable to museums, cafes, transit, and employment hubs
- Zoning: CC-3-8 + CC-3-9 (Complete Communities 8.0 FAR)
- Potential: Ideal for market-rate, affordable, or luxury multi family housing
EXECUTIVE SUMMARY
Lee & Associates is pleased to present a rare opportunity to acquire a ±24,709 square foot multifamily redevelopment site in Bankers Hill located just one block from Balboa Park in the heart of San Diego. Comprised of three contiguous parcels, this site offers an exceptional canvas for developers to capitalize on strong multifamily demand in one of San Diego’s most desirable and walkable urban neighborhoods.
This is a strategic opportunity for developers and investors seeking to deliver housing in a high-barrier, high-demand market with enduring appeal.
This is a strategic opportunity for developers and investors seeking to deliver housing in a high-barrier, high-demand market with enduring appeal.
PROPERTY FACTS
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 13,949 SF |
| Status | Active | Total Land Area | 0.57 AC |
| Number of Properties | 3 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 13,949 SF |
| Total Land Area | 0.57 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
4th & Thorn Professional Building
3307-3315 4th Ave, San Diego, CA 92103 |
Office | 6,500 SF | 1940 | - |
| 3302-3318 5th Ave, San Diego, CA 92103 | Retail | 4,000 SF | 2000 | - |
| 3334 5th Ave, San Diego, CA 92103 | Retail | 3,449 SF | 2000 | - |
CONTACTS
-
Spencer Dok -
Steve Malley -
Jason Grindle -
Lee & Associates Commercial Real Estate Service
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Bankers Hill Development Site
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