Jeff Brick · CompassQuestions about this home? Call or text Jeff, 858-324-4448
$1,550,000

4042 1st Avenue, San Diego, CA 92103

3Beds
1Baths
1,129Sq ft
2020Built
5,198Lot sq ft

Listed by Aaron Bove, Colliers International SD, Inc · 858-945-7094

Jeff Brick
Your agent for this homeJeff BrickREALTOR® · Compass · 2026 SDMLS President
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About this home

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.

Remarks provided by the listing agent through SDMLS.

Home facts

Everything SDMLS reports for this home
$1,373Price per sq ft
NoneHOA dues
NoneMello-Roos / CFD
5,198 sq ftLot · 0.12 acres
NoADU / guest unit
20206 years old
71Days on market

Interior

Bedrooms3
Bathrooms1 full
Living area1,129 sq ft
Levels1 Story
RoomsBedroom Entry Level
AppliancesGas OvenGas StoveGas Range

Heating, cooling & utilities

WaterMeter on Property
SewerPublic Sewer

Exterior & lot

Lot size5,198 sq ft (4,000-7,499 SF)
FencingPartial

Construction

Year built2020
Exterior wallsStucco
RoofTile/Clay

HOA, fees & community

HOA duesNone
Mello-Roos / CFDNone

Property & listing details

Home typeDetached
OwnershipFee Simple
ZoningR-4:MULTIP
Parcel number (APN)444-492-25-00
NeighborhoodHillcrest
Subdivision / tractHILLCREST
MLS areaMetro Uptown
CountySan Diego
Accepted financingCash, Conventional, Exchange
Listed onAug 31, 2026
Original list price$1,550,000
Last price changeAug 31, 2026
Days on market71
MLS #260021367

Facts from San Diego MLS as reported by the listing agent. Deemed reliable but not guaranteed. Questions about any detail? Text Jeff.

Off-market · not on Zillow, Redfin or the MLS

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Compass Private Exclusives are not listed in the MLS and are not part of the SDMLS data on this site. Images show the neighborhood, not the home.

What it costs to own

Your estimated monthly cost

— / month
Principal & interest—
Property tax (1.251% a year)—
Home insurance (California average)—
HOA duesNone listed
Income needed (housing at 28% of gross pay)—
Down payment—
Property tax for the year—

Rate starts at the Freddie Mac 30-year average, week of November 5, 2026.

Rent vs. buy

Typical rent in 92103 is about $2,764/month. Owning this home runs about — more each month before tax benefits and equity.

Home values in 92103
0%1 year
+15%5 years
+47%10 years

Estimates, not a loan quote. Tax uses the San Diego County City of San Diego rate on the list price; insurance is the California average policy; rent and value trends are Zillow indexes for the ZIP. Mortgage calculator · Cost to own in San Diego · Insurance and lending pros

This home vs. its market

Hillcrest is a Balanced market

3.3 months of inventory for houses in October 2026. Under 3 months favors sellers, 3 to 6 is balanced, over 6 favors buyers.

$1,373Price per sq ft (area: $1,072, 28% above)
71 daysOn market (area median: 9 days)
$1,693,500Area median house price (−7% vs last year)
101%Of list price that sellers got

Area figures: San Diego MLS closed sales, October 2026, houses in ZIP 92103, compiled by Jeff Brick.

The neighborhood

Living in Hillcrest

$725,000Median sale price
63Avg. days on market
45Homes for sale

Market data: SDMLS.

Read the full Hillcrest guide →
Schools

Schools for this home

Schools as listed in SDMLS. Confirm enrollment boundaries with the school district.

See all Hillcrest schools in Jeff's guide →

Similar homes nearby

Based on information from the San Diego Multiple Listing Service as of November 11, 2026 at 3:31 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information 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.

Jeff Brick, REALTOR® · Compass · California DRE #02156850 · Report a listing error

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