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Sold for $2,050,000
  • $2,050,000

    1040-42 W Redwood St #5, San Diego, CA 92103

    0beds
    0baths
    8,712Square Feet
    Unimproved Land
    Built in ----
    8,712 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    PRICE ADJUSTED... 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Bove DRE #01318320 858-945-7094,

    Marcus & Millichap

    Bought with:

    Aaron Bove, DRE #01318320

    Marcus & Millichap

    Source: SDMLS,MLS#: 250030007MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Interior area
    • Total structure area: 0

    Property

    Features
    • Fencing: Partial
    • Frontage type: Other/Remarks
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 4515430500
    • Zoning: RM-2-5
    • Zoning description: RM-2-5

    Utilities & green energy

    • Water: Other/Remarks
    • Utilities for property: Other/Remarks

    Community & HOA

    Community
    • Subdivision: Mission Hills/Fairway(1862)
    Location
    • Region: San Diego

    Financial & listing details

    • Date on market: 6/9/2025
    • Listing terms: Cash,Conventional,Exchange

    Price history

    DateEventPrice
    10/2/2025Sold$2,050,000-9.9%
    Source: SDMLS #250030007 Report a problem
    8/4/2025Pending sale$2,275,000
    Source: SDMLS #250030007 Report a problem
    7/14/2025Price change$2,275,000-7.1%
    Source: SDMLS #250030007 Report a problem
    6/9/2025Listed for sale$2,450,000
    Source: SDMLS #250030007 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating