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33888128
33888127

4044 Georgia Street, San Diego, CA 92103

CT
CA CA 01974818
WHITEWATER Commercial Real Estate
RP
CA 02027870
WHITEWATER Commercial Real Estate
WHITEWATER Commercial Real Estate
Listed by WHITEWATER Commercial Real Estate
$2,500,000
7 days on market
Updated 7 days ago

University Heights Development

Details
Property Type Multifamily, Land
Sub Type Residential
Units 36
Lot Size (SqFt) 7,000
Zoning R-M-3-9
Investment Type Redevelopment

36 Unit RTI Development Site | University Heights | Opportunity Zone & CCHS

Marketing description

Whitewater Commercial Real Estate is pleased to present 4044 Georgia Street, a fully entitled Ready-to-Issue (RTI) multifamily development opportunity located at the intersection of Hillcrest and University Heights, two of San Diego's most desirable urban neighborhoods.

The project is approved for a six-story, 36-unit apartment community consisting of 35 one-bedroom units and 1 studio apartment. Located within the City's Complete Communities Program and designated Opportunity Zone, the property offers developers the opportunity to immediately commence construction while avoiding the time and uncertainty associated with the entitlement process. The Opportunity Zone designation may provide substantial tax benefits for qualified investors, further enhancing the project's long-term investment appeal.

The approved project features a modern podium-style design with private balconies, expansive window lines, and an efficient unit mix tailored to meet strong rental demand. The project includes seven on-site parking spaces with the ability to incorporate parking lifts for additional capacity.

Situated just minutes from Hillcrest, University Heights, North Park, Balboa Park, and Downtown San Diego, the property offers future residents convenient access to major employment centers, restaurants, retail, entertainment, and public transportation.

Contact Agents for Full Development Plans

Investment highlights

  • Fully Entitled Ready-to-Issue (RTI) Development Opportunity
  • Approved for 36 Apartment Units (35 One-Bedroom / 1 Studio)
  • Modern Six-Story Podium Design
  • Located Within the Complete Communities Program
  • Designated Opportunity Zone with Potential Tax Benefits for Qualified Investors
  • Seven On-Site Parking Spaces with Ability to Add Parking Lifts
  • Private Balconies Throughout
  • Prime Hillcrest / University Heights Location
  • Walkable to Restaurants, Retail, Breweries, and Entertainment
  • Minutes from Balboa Park and Downtown San Diego
  • Significant Entitlement Time and Cost Savings

Listing Contacts

CT
CA CA 01974818
WHITEWATER Commercial Real Estate
RP
CA 02027870
WHITEWATER Commercial Real Estate
WHITEWATER Commercial Real Estate
Listed by WHITEWATER Commercial Real Estate

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Zoning

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RM-3-9 ResidentialMulti FamilyResidential Multiple Unit
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Carson Trujillo
License
CA 01974818
Brokerage
WHITEWATER Commercial Real Estate
Title
President
Brokerage Address
350 Tenth Avenue
Name
Ricky Partida
License
02027870
Brokerage
Whitewater CRE
Brokerage Phone
6195601070
Brokerage Address
350 Tenth Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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