4349-55 Arizona St San Diego CA 92104 APN#445-351-06-00 to be included in the sale. We are pleased to present this amazing opportunity with multiple value add opportunities and strong existing income ($20,650 monthly gross income). This site presents an increasingly rare urban infill opportunity to purchase two 7,000 SF lot (approx. 14,000 SF), with (8) income generating residential units in the heart of San Diego’s hippest neighborhood, North Park. The base zoning on this lot is RM-3-9 allowing for residential development with a 60-foot height limit, 2.7 FAR, and a density of 1 per 600 Sf. To increase density further, the micro unit density bonus can be used to double the existing density, or the Complete Communities program can be used to build 96 units. Alternatively, the current structures include (8) garages that can be converted to (4) ADUs. The units feature fully renovated interiors with W&D’s in each and private fenced yards for all units.
PropertiesMorgan Scott2024-05-10T12:24:32+00:00
Property Description
Features
: None
: Full
: Patio
: Garage
: Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
Appliances
: Range/Oven, Refrigerator, Washer, Dryer
Address Map
US
CA
SD
North Park
North Park
92104
Arizona St
4341-47
W118° 51' 46.1''
N32° 45' 22.5''
Metro Uptown
Additional Info
South Coast Commercial, Inc.
Additional Information
: None
: Other
: One
8
1
https://my.matterport.com/show/?m=h PMFibm7ah G
Listing Information
674357
69464
South Coast Commercial, Inc.
651208
69464
ACTIVE
2024-11-22T23:58:05Z
sdmls
: N/K
4 Bedrooms
4 Bathrooms
2,000
$4,500,000
Listing ID #240008042
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240008042
Price : $4,500,000
Bedrooms : 4
Bathrooms : 4
Square Footage : 2,000
Year Built : 1942
Status : Active
Full Bathrooms : 4
Property Sub Type : Multi Family
Roof : Other
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