SOLD
RD Dev Properties LLC Acquires 0.16-Acre San Diego Development Site For $1.6M
3971 Georgia Street
Development Site
Sold 188 days ago
Summary
Sale
CALIFORNIA
Development Site
A 0.16-acre land parcel located at 3971 Georgia Street in San Diego was recently sold for $1.6 million. The property, which includes a duplex, was listed and sold by Marcus & Millichap. The sale price equates to $229 per square foot, with a total building square footage of 6,998. The property is situated in a Qualified Opportunity Zone and is zoned as RM-3-7.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,600,000
- Address: 3971 Georgia Street, San Diego
- Market: San Diego
- Asset Type: Development Site
- Acres: 0.16
Aaron Bove and Jared Wallach of Marcus & Millichap represented the buyers, RD Dev Properties LLC, in this transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Aaron Bove & Jared Wallach
DATE: 11/01/2023
ADDRESS: 3971 Georgia Street
MARKET: San Diego
ASSET TYPE: Development Site ~ ACRES: 0.16
BUYER: RD Dev Properties LLC
SELLER: 3971 Georgia Avenue San Diego LLC
BROKERS: Aaron Bove & Jared Wallach - Marcus & Millichap (@MarcusMillichapinc)
SALE PRICE: $1,600,000
BSF: 6,998 ~ PPBSF: $229
NOTE: A 0.16-acre land parcel in San Diego at 3971 Georgia St. with a duplex was sold by Marcus & Millichap for $1.6 million. The property is in a Qualified Opportunity Zone and zoned RM-3-7.View on map
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Address3971 Georgia Street
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