254 17th Street, San Diego, California 92101, San Diego, 92101 - 4 bed, 3 bath
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San Diego, California 92101
Analysis of 254 17th Street, San Diego, California 92101 is currently available with a list price of $995,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1925, making it nearly 100 years old. The MLS description explicitly markets it as an 'Unmatched Development Opportunity' with 'potential to build up to 37 stories high,' indicating the value lies solely in the land for redevelopment. There are no interior images provided, which is a strong indicator that the existing structure is not in a habitable or marketable condition. The exterior images show a very old, worn-out house with security bars and an unkempt lot, suggesting significant deferred maintenance and likely structural issues. The property's value is based on its land and development potential, not the existing, likely unlivable, structure.
Zoned CCPD-MC with the rare potential to build up to 37 stories, making it ideal for high-rise residential, mixed-use, or commercial projects.
Strategically located in the heart of San Diego's thriving East Village, within walking distance to Petco Park, Gaslamp Quarter, and the Convention Center.
The CCPD-MC zoning accommodates a diverse array of uses, including residential, live/work, offices, hotels, retail, and essential commercial services, broadening investment appeal.
The property currently features a 1925-built single-family residence, which will likely require demolition, adding cost and time to the development process.
The 2,613.6 sqft lot, while zoned for high-rise, is comparatively small for a 37-story building, potentially posing design and logistical challenges for maximizing density.
This is a complex development opportunity demanding substantial upfront capital investment, extensive planning, and specialized expertise in high-rise urban development.
Unmatched Development Opportunity in the Heart of Downtown San Diego! Prime East Village location just 2 minutes from the I-5 freeway. Zoned CCPD-MC with potential to build up to 37 stories high. Walking distance to Petco Park, Gaslamp Quarter, the Convention Center, and more. Surrounded by the thriving I.D.E.A. District and major mixed-use developments. Perfect for high-rise residential, mixed-use, or commercial projects in one of San Diego’s fastest-growing neighborhoods. This district accommodates diverse array of uses, including residential, artists studios, live/work spaces, offices, hotels, research & development, and retail. Commercial & service uses including light industrial & repair, warehousing & distribution, transportation & communication services that are essential for the livelihood of business & residence of the downtown area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,210 | 1,508 | 33% |
| Lot Size | 2,613.6 | 2,613.6 | 50% |
| Price | $995.0K | $1.18M | 33% |
| Price per sq ft | $822 | $822 | 50% |
| Built year | 1925 | 1945 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 287 | 287 | 67% |
Jul 10, 2025
$995,000
Initial Listing