40th & C Street offers a rare, fully entitled residential development opportunity in the heart of Southeastern San Diego. The 2.12-acre property is approved for a thoughtfully designed 29-unit community consisting of single-family residences and accessory dwelling units, delivering an efficient and highly desirable housing product in a supply-constrained market. The project offers flexible exit strategies, allowing an investor or developer to deliver a build-to-rent community or sell the completed finished units/lots individually upon completion. The development is planned across ten lots, with nine lots entitled for one single-family home with two ADUs each, and a tenth lot entitled for two single-family homes, resulting in a total of 29 units.The property has completed an extensive multi-year entitlement and subdivision process, including the vacation of three previously un-developable public streets and a portion of an alley, followed by land consolidation, subdivision, and full development permit approvals. The project was ultimately reviewed by both the Planning Commission and the City Council, where it received unanimous final approval in December 2025. The project is fully entitled and vested, with approvals that are no longer subject to appeal. The CEQA determination has also vested and is no longer subject to legal challenge, eliminating entitlement risk. With all discretionary approvals secured and the development plan fully defined, 40th & C Street represents a turnkey opportunity for builders and investors to deliver a 29-unit residential community in a growing San Diego neighborhood.
Based on the average sale price from the Beverly Hills, CA office
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Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
4090 C St San Diego, CA is a Single Family Home for sale at $1725000 and a lot size of 2.12 Acres Acre(s). 4090 C St San Diego has 0 bedrooms, 0 baths . The property's zip code is 92102 which is in San Diego, CA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.