4341 47 Arizona St, San Diego, CA 92104

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10

Property Description

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***


Interior Features

Bedroom Information
Bedrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 4341 47 Arizona St
City San Diego
State CA
Zip 92104
County San Diego
Listing Agent Adrian Gonzalez-Pureco DRE #01844618
Co-Listing Agent Alexio Barbara DRE #01992393
Courtesy Of South Coast Commercial, Inc.
List Price $4,500,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size N/A
Year Built 1942

Listing information courtesy of: Adrian Gonzalez-Pureco, Alexio Barbara, South Coast Commercial, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 31st, 2024 at 8:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.