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.
Seller or Agent has not verified public records, including but not limited to permits, lot size, number of rooms, number of units, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
Data was last updated June 26, 2024 at 11:10 AM (UTC)
Area Statistics
Listings on market:
58
Avg list price:
$1,685,000
Min list price:
$629,000
Max list price:
$4,500,000
Avg days on market:
50
Min days on market:
1
Max days on market:
320
Avg price per sq.ft.:
$278.53
These statistics are generated based on the current listing's property type
and located in
Metro Uptown. Average values are
derived using median calculations.