Active

4341 47 Arizona St

San Diego CA, 92104

$4,500,000


Active

Residential

Built in 1942

Listed by Adrian Gonzalez-Pureco with South Coast Commercial, Inc. 619-226-6011

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***

240008042SD

MLS ID

April 15, 2024

Listed

April 15, 2024

Updated

Map

4341 47 Arizona St
San Diego CA, 92104

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes

Exterior/Building Features

Other Property Details

Area Name

92104 - North Park


Garage

No


Parking Total

0


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

2%

Listing Contact: 619-226-6011 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/15/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/15/2024 at 10:11 PM UTC

 

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