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

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

Monthly Estimate*

$ 55,415

Listed by Landmark Multifamily and Development
6499 Montezuma Rd, San Diego, CA 92115 - Image 1
6499 Montezuma Rd, San Diego, CA 92115 - Image 2
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6499 Montezuma Rd, San Diego, CA 92115 - Image 4
6499 Montezuma Rd, San Diego, CA 92115 - Image 5
6499 Montezuma Rd, San Diego, CA 92115 - Image 6
6499 Montezuma Rd, San Diego, CA 92115 - Image 7
6499 Montezuma Rd, San Diego, CA 92115 - Image 8
6499 Montezuma Rd, San Diego, CA 92115 - Image 9
6499 Montezuma Rd, San Diego, CA 92115 - Image 10
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Studio

Lots and Land for sale in San Diego, CA

for $9,000,000. The lot size is 0.7192.

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 $40,000 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

Lot Size

0.7192

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

2600478SD

Days on Market

8

Features
General
Utilities See Remarks
Zoning RM-4-10
HOA Fee 0
Topography Level
County San Diego
Property Type Land
Subdivision Name San Diego
Status Active
Directions CrossStreet: Montezuma Rd & Catoctin Dr
City San Diego
Senior Community Y/N false
MLS Area 92115 - San Diego
Lot Size Units Square Feet
Lot Size Square Feet 31330
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/snd/2600478
Standard Status Active
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Interior
Total Baths 0
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Exterior
Lot Features Level
Water Source See Remarks
Total Parking 0
Lot Size Area 31330
Lot Size Acres 0.7192
Lot Size Source Assessor
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* Excluded Features
List By
Landmark Multifamily And Development

Broker

dan@sdlandmark.com

Email

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$55,415
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Monthly Principal & Interest
$55,415
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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
4827338 Elementary School
4827337 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, San Diego, CA, 92115 is a Lots and Land for sale at $9,000,000 with a lot size of 0.7192. 6499 Montezuma Rd is a studio with 0.0 baths. The property's zip code is 92115 which is in San Diego, CA