Listed by Adrian Gonzalez-Pureco - DRE #01844618 - South Coast Commercial, Inc. 619-226-6011 Listing Courtesy of: DRE #01992393
$4,500,000 affordable loan icon Calculate Payment

Arizona St San Diego, CA 92104

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Cluster Residence
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Last updated on 11/14/2024 10:54 PM
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*** Continue reading
MLS#
240008042SD
Property Type
Cluster
Status
Year Built
1942
Stories
1.0

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Listed by Adrian Gonzalez-Pureco - DRE #01844618 - South Coast Commercial, Inc. 619-226-6011 Listing Courtesy of: DRE #01992393
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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