4359 Temecula St, San Diego, CA 92107

4359 Temecula St presents a permit-ready (RTI) coastal multifamily development opportunity in the highly desirable Point Loma Heights neighborhood of San Diego. The project includes approved plans for a 9-unit residential development, consisting of 7 market-rate units and 2 affordable units, on a ±4,379 SF RM-3-7 zoned site.

The proposed development features a three-story residential building designed with modern coastal architecture and efficient unit layouts to maximize livability and rental appeal. This offering allows a developer to move directly into construction while avoiding the time and uncertainty associated with the entitlement process.

Situated just minutes from Sunset Cliffs, Ocean Beach, Liberty Station, and Point Loma Village, the property benefits from strong coastal demand drivers, walkability, and convenient access to major employment hubs. Point Loma continues to experience limited new multifamily supply, supporting strong rental demand and long-term investment fundamentals.

This is an opportunity to deliver new construction housing in one of San Diego’s most supply-constrained and desirable coastal submarkets.