4341 47 Arizona St

San Diego, CA 92104

$4,500,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1942

calendar_month Built

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***

Listing Information

List Price $4,500,000
Status Active
MLS 240008042SD
HOA $0
Type Residential Income
Year Built 1942
Lot Size N/A
Structure Size N/A
DOM 273
Courtesy Of South Coast Commercial, Inc.
Listing Agent Adrian Gonzalez-Pureco DRE#01844618
Co-Listing Agent Alexio Barbara DRE#01992393

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Adrian Gonzalez-Pureco, Alexio Barbara, South Coast Commercial, Inc. 858-735-9977. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 14th, 2025 at 12:39 AM 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.