San Diego, CA 92103 4104 Georgia Street # 1

4104 Georgia Street presents a rare, shovel-ready opportunity to develop 14 residential units in the heart of Hillcrest—one of San Diego’s most vibrant and supply-constrained neighborhoods. Situated on a ±3,766 square foot lot, the site is fully entitled and permit-ready, with approved plans for a 7,552 rentable square foot, four-story building featuring a mix of eight one-bedroom and six two-bedroom units. The project falls under the City’s Complete Communities Tier 3 program, allowing a 6.5x FAR with no parking requirement, maximizing density and walkability. It includes one very-low-income unit, making it eligible for CTCAC/HCD incentives and other affordability bonuses. The entitlement package also features transportation-related amenities like co-working space and an on-site bike repair station, enhancing compliance and tenant appeal. Located just minutes from Balboa Park, Scripps Mercy Hospital, the San Diego Zoo, and the nightlife of Hillcrest and North Park—with easy access to I-805 and SR-163—the property offers immediate redevelopment potential in one of San Diego’s strongest rental corridors.