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RARE MULTIFAMILY DEVELOPMENT OPPORTUNITY | R-4 ZONING | PANORAMIC HARBOR VIEWS | DUAL ACCESS ATTENTION INVESTORS, BUILDERS & DEVELOPERS! Exceptional opportunity to acquire an approximately 8,583-square-foot parcel with R-4 Multiple Residential zoning in San Diego! This distinctive property offers exciting possibilities for multifamily residential development in a desirable urban location. A standout feature is the property's TWO ACCESS POINTS, with direct street access from Island Avenue and additional access via an easement off Market Street, providing valuable flexibility for future site planning and development. Perched in an elevated setting, the property captures breathtaking, unobstructed panoramic views of San Diego Harbor, South Bay, and the surrounding mountains, extending all the way to Tijuana, Mexico, on clear days. With its generous lot size, multiple residential zoning, dual access, and spectacular views, this property presents a compelling opportunity to explore a multifamily residential project or other permitted development possibilities. LOCATION! ZONING! VIEWS! DUAL ACCESS! Bring your architect, builder, and vision to unlock the potential of this exceptional San Diego investment opportunity! Buyer to independently verify zoning designation, permitted density, development potential, easement rights, access, and all applicable City of San Diego requirements.
Property Type(s):
Single Family
| Last Updated | 11/7/2026 | Year Built | 1925 |
|---|---|---|---|
| Community | 92102 - San Diego | County | San Diego |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 92102 - San Diego |
| HEAT | None |
| LOT | 8581 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Rectangular Lot |
| LOT DIMENSIONS | 8,583 sq ft |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, City Lights, Harbor, Hills, Mountain(s), Neighborhood, Panoramic |
Location
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Listed with Alta Realty Group CA
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