Listed by Aaron Bove of Colliers International SD,Inc
4042 First Avenue presents an urban infill development opportunity in San Diego's Hillcrest neighborhood. The approximately 5,198-square-foot lot is improved with an existing single-family residence generating approximately $3,000 per month in rental income, providing potential income during the planning process. The property is zoned RM-3-9 and is identified within the Complete Communities Housing Solutions Tier 2 area, Sustainable Development Area and Transit Priority Area. The site offers convenient access to neighborhood dining, shopping, medical facilities, Balboa Park, Downtown San Diego and regional transportation corridors. Development potential, density, FAR, height, parking requirements and eligibility for incentive programs are subject to confirmation by the buyer with the City of San Diego and applicable consultants. Do not disturb the occupant. Drive by only.

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Property Details of 4042 1st Avenue

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Based on information submitted to CRMLS as of September 7, 2026 5:49 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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