4042 First Avenue presents an urban infill development opportunity in San Diego’s Hillcrest neighborhood. The approximately 5,198-square-foot lot is improved with an existing single-family residence generating approximately $3,000 per month in rental income, providing potential income during the planning process. The property is zoned RM-3-9 and is identified within the Complete Communities Housing Solutions Tier 2 area, Sustainable Development Area and Transit Priority Area. The site offers convenient access to neighborhood dining, shopping, medical facilities, Balboa Park, Downtown San Diego and regional transportation corridors. Development potential, density, FAR, height, parking requirements and eligibility for incentive programs are subject to confirmation by the buyer with the City of San Diego and applicable consultants. Do not disturb the occupant. Drive by only.
Property Details
Price:
$1,550,000
MLS #:
260021367SD
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Hillcrest
Neighborhood:
92103missionhills
Listed Date:
Sep 1, 2026
Finished Sq Ft:
1,129
Lot Size:
5,198 sqft / 0.12 acres (approx)
Year Built:
2020
See this Listing
Schools
Interior
Appliances
GO, GR, GS
Bathrooms
1 Full Bathroom
Cooling
NO
Heating
NO, SEE
Laundry Features
NO
Levels
A
Exterior
Construction Materials
STC
Fencing
PTL
Financial
Map
Community
- Address4042 1st Avenue San Diego CA
- SubdivisionHillcrest
- CitySan Diego
- CountySan Diego
- Zip Code92103
Subdivisions in San Diego
- Bay Park
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casa Dorado 32501
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- CLM
- College Grove
- Crown Point
- Del Cerro
- Downtown
- Downtown Area DOWN
- DWTN
- East San Diego
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Jolla
- La Mesa
- Linda Vista
- Logan Heights
- LV
- Middletown
- Mira Mesa
- Mirador MIRD
- Mirasol MIR
- Mission Beach
- Mission Hills
- Mission Valley
- Mission Village
- Mount Helix
- Normal Heights
- North Park
- NP
- Ocean Beach
- Old Town
- Pacific Beach
- Paradise Hills
- Park Villas PKVL
- Park Vista PV
- Point Loma
- Poway
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- Scripps Ranch
- SD
- Serra Mesa
- Smoke Tree SMTR
- South Sd
- Stonebridge 3700
- Talmadge
- The Lakes LK
- Tierrasanta
- Torrey Highlands
- University City
- University Heights
- Villa Portofino 32283
- Woodcrest WT
Market Summary
Current real estate data for Single Family in San Diego as of Sep 07, 2026
2,015
Single Family Listed
71
Avg DOM
570
Avg $ / SqFt
$1,210,131
Avg List Price
Property Summary
- Located in the Hillcrest subdivision, 4042 1st Avenue San Diego CA is a Single Family for sale in San Diego, CA, 92103. It is listed for $1,550,000 and features 3 beds, 1 baths, and has approximately 1,129 square feet of living space, and was originally constructed in 2020. The current price per square foot is $1,373. The average price per square foot for Single Family listings in San Diego is $570. The average listing price for Single Family in San Diego is $1,210,131.
Similar Listings Nearby
Courtesy of Colliers International SD, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.4042 1st Avenue
San Diego, CA