4341 47 Arizona St Active

San Diego,CA 92104

$ 4500000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision North Park

MLS Listing ID 240008042SD

HOA Y/N No

Year Built 1942

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***

Location

State CA

County San Diego

Area 92104 - North Park

Interior

Cooling None

Fireplace No

Exterior

View Y/N No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4453510700

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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