See all 5 photos
$2,450,000
Est. payment /mo
8,746 Sqft Lot
New
1040 W Redwood Street San Diego, CA 92103
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250030007SD
HOA Y/N No
Lot Size 8,746 Sqft
Property Description
Located in the highly sought-after Mission Hills neighborhood, 1040-42 Redwood Street presents an exceptional opportunity for developers and investors. Situated on an approximately 8,749 SF (0.2-acre) lot with dimensions of 87.5' x 100', this parcel offers flexibility and scale for a wide range of development options. The property currently features a duplex with a garage and is zoned RM-2-5, with a CCHS Tier 3 zoning overlay that allows for a 6.5x Floor Area Ratio (FAR). This zoning configuration, along with FAA clearance for up to 5 stories from grade, provides the framework for significant density—ideal for high-end multifamily or mixed-use projects. Mission Hills is experiencing strong growth, driven by its central location and increasing demand for urban infill projects. The area benefits from the ongoing revitalization initiatives, proximity to major employment hubs, and strong community appeal. The neighborhood's classic charm, combined with modern accessibility, makes this a highly desirable site for long-term value and development upside.
Location
State CA
County San Diego
Area 92103 - Mission Hills
Zoning RM-2-5
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available See Remarks
View Y/N No
Building
Water See Remarks
Others
Senior Community No
Tax ID 4515430500
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange

Listed by Aaron Bove • Marcus & Millichap
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Agoura Hills
- Homes For Sale in Calabasas
- Homes For Sale in Camarillo, CA
- Homes For Sale in Fillmore
- Homes For Sale in Moorpark
- Homes For Sale in Oak View
- Homes For Sale in Oxnard, CA
- Homes For Sale in Ojai, CA
- Homes For Sale in Port Hueneme, CA
- Homes For Sale in Santa Paula, CA
- Homes For Sale in Simi Valley, CA
- Homes For Sale in Somis, CA
- Homes For Sale in Thousand Oaks, CA
- Homes For Sale in Ventura, CA
- Homes For Sale in Westlake Village