1040-42 W Redwood St Unit 5, Mission Hills, CA 92103

$2,050,000

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Listing courtesy of Listing Agent: Aaron Bove (858-945-7094) from Listing Office: Marcus & Millichap.

Selling Office: Marcus & Millichap.

Sold Price
$2,050,000
List Price
$2,275,000
Status
CLOSED
Closing Date
Oct 02, 2025
MLS#
250030007
Subtype
Land
Lot Size
8,749
Acres
0.20
Subdivision
Mission Hills/Fairway(1862)
Neighborhood
Mission Hills
MLS Area Major
San Diego Central

Property Description

PRICE ADJUSTED... Located in the highly sought-after Mission Hills neighborhood, 1040-42 Redwood Street presents an exceptional opportunity for developers and investors. Situated on an approximately 8,749 SF (0.2-acre) lot with dimensions of 87.5’ x 100’, this parcel offers flexibility and scale for a wide range of development options. The property currently features a duplex with a garage and is zoned RM-2-5, with a CCHS Tier 3 zoning overlay that allows for a 6.5x Floor Area Ratio (FAR). This zoning configuration, along with FAA clearance for up to 5 stories from grade, provides the framework for significant density—ideal for high-end multifamily or mixed-use projects. Mission Hills is experiencing strong growth, driven by its central location and increasing demand for urban infill projects. The area benefits from the ongoing revitalization initiatives, proximity to major employment hubs, and strong community appeal. The neighborhood’s classic charm, combined with modern accessibility, makes this a highly desirable site for long-term value and development upside.

Additional Information

Zoning
RM-2-5

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Calculator source: Real Geeks

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