$1,699,000

Multi Family In San Diego

  • 5 Beds
  • 4 Baths
  • 6,999 Sqft lot
  • Updated: April 7
  • Source:
    San Diego MLS  MLS#260006178

About the Property

Exceptional value-add and redevelopment opportunity in the heart of North Park. The property is currently a 4-unit property situated on a 7,000 SF lot. Zoned RM-3-9 with approximately 600 SF per unit density, 2.7 FAR, and up to 60 feet of height, and located within both TPA and SDA overlay zones, the site offers significant multifamily development potential. Investors can pursue a near-term value-
Exceptional value-add and redevelopment opportunity in the heart of North Park. The property is currently a 4-unit property situated on a 7,000 SF lot. Zoned RM-3-9 with approximately 600 SF per unit density, 2.7 FAR, and up to 60 feet of height, and located within both TPA and SDA overlay zones, the site offers significant multifamily development potential. Investors can pursue a near-term value-add strategy by updating units to achieve market-rate rents, with longer-term upside through expansion or higher-density redevelopment. With limited infill land available and ongoing demand for well-located multifamily housing, North Park continues to experience strong rent growth and long-term appreciation. This asset offers investors a flexible strategy to capture near-term cash flow while positioning for future redevelopment in a high-barrier-to-entry market.
  • Property type

    Other

  • Floors

    1

  • Year built

    1930

Explore the Area

3974-78 Kansas St, San Diego, California, United States View on Google Maps
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Landmark Multifamily and Development - San Diego

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Landmark Multifamily and Development - San Diego
California, United States
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5
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2025
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Landmark Multifamily and Development - San Diego
San Diego, California, United States
View agency profile
Last updated
April 7
First listed
Mar 17
Listing reference
260006178
Listing status
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