Contacts

Adrian Gonzalez

South Coast Commercial

(858) 735-9977

Property Details

Property Type Multi-Family
Property Size 3,960 SF
Units 8
Lot Size 0.32 Acre
Year Built 1942
Date Updated Mar 25, 2024

Discover the vibrant neighborhood surrounding the property in San Diego, CA. Boasting a perfect blend of urban convenience and coastal charm, the area offers a desirable lifestyle for multifamily and low-rise/garden investors. Just steps away, explore the eclectic mix of local eateries, craft breweries, and boutique shops in the North Park and University Heights neighborhoods. Enjoy the nearby Balboa Park, home to world-class museums, theaters, and the famous San Diego Zoo. With easy access to beautiful beaches, hiking trails, and a thriving arts and culture scene, the location offers a diverse range of attractions for potential residents and tenants.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 (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.

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Attachments

4341-55 Arizona St OM.pdf (PDF) opens in new window

Getting around

91/100
Walk Score ®
50/100
Transit Score ®
80/100
Bike Score ®

Powered by Walk Score ®

City San Diego, CA
Neighborhood North Park
Zip Code 92104
Market San Diego

Points of Interest

Rio Vista

1.24 miles
Mission Valley Center

1.26 miles
Hazard Center

1.56 miles
Fenton Parkway

1.63 miles
Fashion Valley

1.95 miles
Stadium

2.00 miles
Mission San Diego

2.29 miles
Middletown

2.69 miles
Grantville

2.86 miles
Washington Street

2.92 miles

Valero

0.36 miles
76

0.65 miles
Shell

0.82 miles
Arco

0.86 miles
Tiger Mart & Gas

0.95 miles
eVgo

0.97 miles
Speedway

0.97 miles
Chevron

1.07 miles
Shell

1.50 miles
Mobil

1.59 miles

North Park Parking Garage

0.71 miles
El Zarape

0.86 miles
Morley Field Disk Golf Course Parking

1.35 miles
North Carousel Parking Lot

1.57 miles
South Carousel Parking Lot

1.62 miles
Natural History Museum Parking Lot

1.73 miles
Alcazar Parking Lot

1.97 miles
Dog Park Public Parking

2.07 miles
Organ Pavilion Parking Lot

2.08 miles
YMCA Parking Lot

2.08 miles

Berkshire Motor Hotel

0.04 miles
The Lafayette Hotel, Swim Club & Bungalows

0.23 miles
Sheraton Mission Valley San Diego Hotel

0.99 miles
SpringHill Suites by Marriott San Diego Mission Valley;

1.07 miles
Hilton San Diego Mission Valley

1.23 miles
La Quinta Inn & Suites San Diego SeaWorld/Zoo

1.32 miles
Marriott Mission Valley

1.32 miles
WorldMark San Diego - Mission Valley

1.32 miles
Admiral at Promenade

1.33 miles
Sommerset Suites Hotel

1.36 miles

Vons

0.50 miles
Sprouts Farmers Market

0.54 miles
Smart & Final

0.59 miles
Pancho Villa Farmer's Market

0.82 miles
Baron’s

0.93 miles
Bine & Vine Bottle Shop

1.02 miles
Corner Liquor

1.03 miles
Macy's

1.04 miles
Trader Joe's

1.07 miles
Ralphs

1.11 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

4341-55 Arizona Street