4341-47 Arizona St, North Park CA, 92104

Active

4341-47 Arizona St

North Park CA, 92104

$4,500,000

$2,250.00 per sqft

Active

4 Beds

4 Baths

2,000 sqft

Multi-family

Built in 1942

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.

240008042

MLSⓇ ID

April 15, 2024

Listed

November 23, 2024

Updated

Map

4341-47 Arizona St
North Park CA, 92104

Interior Features

Total Stories: 1
Bedrooms: 4
Total Bathrooms: 4
Full Bathrooms: 4
Appliances: Range/Oven, Refrigerator, Dryer, Washer
Laundry Description: Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
Fireplace: No
Cooling: No
Cooling Description: None
Heating: No

Exterior/Building Features

Roof: Other

Other Property Details

Area Name: Metro Uptown
Days on Market: 221
Garage: Yes
Parking: Garage
View: No
County: San Diego
Pool: No

Listed by South Coast Commercial, Inc., Adrian Gonzalez-Pureco,
Listing Contact: 858-735-9977

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Data last updated 1:12 AM UTC, 11/23/2024