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.
For sale
$1,550,000
4042 1st Ave, San Diego, CA 92103
3beds
1,129sqft
Single Family Residence
Built in 2020
5,227 Square Feet Lot
$1,408,400 Zestimate®
$1,373/sqft
$-- HOA
What's special
- 12 hours
- 62
- 0
Zillow last checked:
Listing updated:
Listed by:
Aaron Bove DRE #01318320 858-945-7094,
Colliers International SD, Inc
Source: SDMLS,MLS#: 260021367
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- N/K
Cooling
- N/K
Appliances
- Included: Gas Oven, Gas Stove, Gas Range
- Laundry: None Known
Interior area
- Total structure area: 1,129
- Total interior livable area: 1,129 sqft
Property
Parking
- Parking features: None Known
Features
- Levels: 1 Story
- Pool features: N/K
- Fencing: Partial
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 4444922500
- Zoning: R-4:MULTIP
- Zoning description: R-4:MULTIP
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Tile/Clay
Condition
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Meter on Property
Community & HOA
Community
- Subdivision: HILLCREST
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $1,373/sqft
- Tax assessed value: $1,591,200
- Date on market: 9/1/2026
- Listing terms: Cash,Conventional,Exchange
Estimated market value
$1,408,400
$1.27M - $1.56M
$4,104/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $1,550,000-0.6%$1,373/sqft |
Source:  SDMLS #260021367 Report a problem | ||
| 7/11/2024 | Sold | $1,560,000-5.5%$1,382/sqft |
Source: SDMLS #240010068 Report a problem | ||
| 6/2/2024 | Pending sale | $1,650,000$1,461/sqft |
Source: SDMLS #240010068 Report a problem | ||
| 5/8/2024 | Listed for sale | $1,650,000+37.5%$1,461/sqft |
Source: SDMLS #240010068 Report a problem | ||
| 7/17/2019 | Sold | $1,200,000$1,063/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,591,200 +2% |
| 2025 | $20,078 +26.8% | $1,560,000 +21.2% |
| 2024 | $15,836 +2.3% | $1,286,639 +2% |
| 2023 | $15,487 +2.7% | $1,261,412 +2% |
| 2022 | $15,075 +0.7% | $1,236,679 +2% |
| 2021 | $14,972 +1.2% | $1,212,432 +1% |
| 2020 | $14,791 +1853.3% | $1,200,000 +1852.4% |
| 2019 | $757 +2.3% | $61,463 +2% |
| 2018 | $740 +2.4% | $60,259 +2% |
| 2017 | $723 +1.8% | $59,078 +2% |
| 2016 | $710 +1.4% | $57,920 +1.5% |
| 2015 | $700 +1.4% | $57,051 +2% |
| 2014 | $690 | $55,934 +0.5% |
| 2013 | -- | $55,683 +2% |
| 2012 | -- | $54,592 +2% |
| 2011 | -- | $53,523 +0.8% |
| 2010 | -- | $53,124 -0.2% |
| 2009 | -- | $53,251 +2% |
| 2008 | -- | $52,208 +2% |
| 2007 | -- | $51,186 +2% |
| 2006 | -- | $50,184 +2% |
| 2005 | -- | $49,200 +2% |
| 2004 | -- | $48,236 +1.9% |
| 2003 | -- | $47,353 +2% |
| 2002 | -- | $46,425 +2% |
| 2001 | -- | $45,516 |
Find assessor info on the county website
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Neighborhood: Hillcrest
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