1561-75 9th Ave, San Diego, CA 92101
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1561-75 9th Ave,San Diego, CA 92101
$7,125,000
- - Beds
- - Baths
- 7,738 sq. ft.
- Multi-family
- Active
Listed by:bill anderson
Office:acre investment real estate
MLS#:250040754
Source:San Diego MLS via CRMLS
Price summary
- Price:$7,125,000
- Price per sq. ft.:$920.78
About this home
The Wilson Apartments represent a rare opportunity to acquire a prime development site in San Diego’s historic Cortez Hill District, one of Downtown’s most desirable residential neighborhoods. The offering consists of two parcels totaling 15,000 square feet at the top of Cortez Hill, located at 1560–1572 10th Avenue and 1561–1575 9th Avenue, San Diego, CA 92101. The existing improvements include five multifamily buildings constructed circa 1930, comprising 13 rental units with a total rentable square footage of 7,738. There are nine units across two apartment buildings on 9th Avenue (ten 1BR/1BA, one 2BR/1BA, and two studios/1BA), along with four units within three cottages along 10th Avenue, including one duplex cottage. The property also includes 12 parking spaces, with nine open stalls and three garages. These character-rich buildings generate immediate rental income and provide investors with flexibility — either to enhance the existing apartments as a value-add opportunity or to hold as a true covered land play while entitling and planning for future redevelopment. The property is zoned CCPD-R, which permits multifamily residential uses with a maximum FAR of 8.0. It is also located within the Complete Communities District, where FAR limits are effectively waived, further enhancing redevelopment potential. Recent trends in Uptown and Downtown San Diego have seen the razing of older improvements for high-rise apartment projects, reflecting strong demand for infill sites in this submarket.
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Home facts
- Listing ID #:250040754
- Added:2 day(s) ago
- Updated:October 06, 2025 at 02:05 PM
Rooms and interior
- Living area:7,738 sq. ft.
Structure and exterior
- Building area:7,738 sq. ft.
Finances and disclosures
- Price:$7,125,000
- Price per sq. ft.:$920.78
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