6499 Montezuma Rd # 28 San Diego, CA $ 9,000,000
6499 Montezuma Rd # 28
$ 9,000,000
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6499 Montezuma Rd # 28

San Diego, CA, 92115
$ 9,000,000
Baths0.0

Monthly Estimate*

$ 55,415

6499 Montezuma Rd # 28, San Diego, CA 92115 - Image 1
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6499 Montezuma Rd # 28, San Diego, CA 92115 - Image 8
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6499 Montezuma Rd # 28, San Diego, CA 92115 - Image 10
Studio

Lots and Land for sale in San Diego, CA

for $9,000,000. The lot size is 0.719238.

Five-parcel assemblage totaling ±0.71 acres in San Diego’s College Area, currently in process for RM-4-10 zoning, allowing ~78 units by right. The properties generate over $50,000 per month in in-place income, providing strong carry during entitlement and pre-development. Density bonus pathways offer significant upside, including up to ~102 units under HAP 2.0 or up to ~155 units with a 100% micro-unit program. Existing residential improvements support near-term cash flow with long-term redevelopment potential. Priced at $9M (~$287/SF land), competitive for the submarket given scale, zoning upside, and proximity to SDSU’s 40,000+ student population. Well-suited for multifamily or student-oriented housing. OM and Zoning Plan are available in the Documents section.

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Lots and Land Active

Price

$ 9,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lots/Land

Lot Size

0.719238

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

2600478

Features
General
Utilities Other/Remarks
Zoning RM-4-10
Year Built 0
Unit Number 28
Property Subtype Lots/Land
County San Diego
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name SAN DIEGO
Status ACTIVE
City San Diego
Senior Community Y/N N
MLS Area Metro Uptown
Lot Size Units Acres
Lot Size Square Feet 31330.0
Property Attached Y/N N
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Freehold IDX
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Exterior
Fencing Other/Remarks
Water Source Other/Remarks
Lot Size Area 0.71
Building Area Total 0.0
Frontage Type Other/Remarks
Waterfront Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 0
Total Baths 0
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* Excluded Features
List By
Daniel A Sipher

Listing Agent

Landmark Multifamily And Development

Broker

(408) 368-5225

Phone

Affordability Calculator

$55,415
Per Month
100%
0%
0%
Monthly Principal & Interest
$55,415
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$9,000,000 Listed Price

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6499 Montezuma Rd # 28, San Diego, CA, 92115 is a Lots and Land for sale at $9,000,000 with a lot size of 0.719238. 6499 Montezuma Rd # 28 is a studio with 0.0 baths. The property's zip code is 92115 which is in San Diego, CA