$4,500,000 Price Analysis   ♡   San Diego, CA 92104 Unknown bed 4 bath 2,000 SqFt ($2250/SqFt) Built 1942 Listed 2024-04-15, Taxes $17,935 | Ⓧ USDA Ineligible due to price & location near San Diego |
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 astounding 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 densty 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 WandD's in each and private fenced yards for all units.
Presented by Adrian Gonzalez-Pureco at
South Coast Commercial, Inc.
Property MLS #240008042 from SanDiegoMLS
Full Bathrooms: 4
Calculated Total Monthly Association Fees: 0
Number of Units: 8
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Square Feet: 500
Unit-2 Square Feet: 500
Unit-3 Square Feet: 500
Unit-4 Square Feet: 500
Unit 2 Total Actual Rent: 2506.0
Unit 3 Total Actual Rent: 2506.0
Unit 4 Total Actual Rent: 2506.0
County: San Diego
Cross Street: El Cajon Blvd
Source Property Type: 2-4 UNITS
Area: Metro Uptown
Source Neighborhood: North Park
Parcel Number: 445-351-07-00
Subdivision: NORTH PARK
Property Subtype: Res Income 2-4 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $229,500 + $1,224,000 $1,453,500 | $17,935 |
| 2022 | $225,000 + $1,200,000 $1,425,000 | $17,454 |
| 2021 | $56,277 + $197,028 $253,305 | $3,238 |
| 2020 | $55,700 + $195,008 $250,708 | $3,198 |
| 2019 | $156,060 + $624,240 $780,300 | $9,727 |
| 2018 | $53,538 + $187,437 $240,975 | $2,941 |
| 2017 | $52,489 + $183,762 $236,251 | $2,870 |
| 2016 | $51,460 + $180,159 $231,619 | $2,821 |
| 2015 | $50,688 + $177,453 $228,141 | $2,779 |
| 2014 | $49,696 + $173,977 $223,673 | $2,737 |
| 2013 | $49,472 + $173,191 $222,663 | $2,733 |
| 2012 | $48,502 + $169,796 $218,298 | $2,525 |
| 2010 | $47,551 + $166,467 $214,018 | $2,429 |
| 2009 | $47,309 + $165,616 $212,925 | $2,435 |
| 2009 | $47,196 + $165,223 $212,419 | $2,435 |
| 2008 | $46,382 + $162,369 $208,751 | $2,352 |
| 2007 | $45,473 + $159,186 $204,659 | $2,336 |
$4,500,000
SanDiegoMLS
Sold 2021-11-23
$1,425,000
Public Record
Year Built: 1942
Entry Location: No
Levels: 1 Story
Property Age: 82
Levels or Stories: 1
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.