CA > San Diego
San Diego, CA 92101,1561 9th Ave
San Diego, CA 92101,1561 9th Ave
San Diego, CA 92101,1561 9th Ave
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$7,125,000
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1561 9th Ave San Diego, CA 92101

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Brian Winter

Brian Winter

+1(559) 737-2923

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250040754SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

The Wilson Apartments represent a rare opportunity to acquire a prime development site in San Diego's historic Cortez Hill District, one of Downtown's most desirable residential neighborhoods. The offering consists of two parcels totaling 15,000 square feet at the top of Cortez Hill, located at 1560–1572 10th Avenue and 1561–1575 9th Avenue, San Diego, CA 92101. The existing improvements include five multifamily buildings constructed circa 1930, comprising 13 rental units with a total rentable square footage of 7,738. There are nine units across two apartment buildings on 9th Avenue (ten 1BR/1BA, one 2BR/1BA, and two studios/1BA), along with four units within three cottages along 10th Avenue, including one duplex cottage. The property also includes 12 parking spaces, with nine open stalls and three garages. These character-rich buildings generate immediate rental income and provide investors with flexibility — either to enhance the existing apartments as a value-add opportunity or to hold as a true covered land play while entitling and planning for future redevelopment. The property is zoned CCPD-R, which permits multifamily residential uses with a maximum FAR of 8.0. It is also located within the Complete Communities District, where FAR limits are effectively waived, further enhancing redevelopment potential. Recent trends in Uptown and Downtown San Diego have seen the razing of older improvements for high-rise apartment projects, reflecting strong demand for infill sites in this submarket.

Location

State CA

County San Diego

Area 92101 - San Diego Downtown

Interior

Fireplace No

Exterior

Total Parking Spaces 12

Others

Tax ID 53402301 5340231

CRMLS – RECore
Listed by Bill Anderson Acre Investment Real Estate

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Brian Winter

Brian Winter

Agent | License ID: 0200992

+1(559) 737-2923

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1561 9th Ave

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