4341-47 Arizona St

San Diego, CA 92104 View Map $4,500,000 Schedule a Tour
Beds4
Baths4
On Site40 days
Year1942
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Status: Active
Property Type:Res Income 2-4 Units
MLS #:240008042
On Site:40 Days
County:San Diego

Listing Agent/Office

Agent:Adrian Gonzalez-Pureco
Agent Phone:858-735-9977
Office:South Coast Commercial, Inc.
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***

Mortgage Calculator

$000 Monthly Payment
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Detailed Maps

Community Information

Address:4341-47 Arizona St, San Diego, CA 92104
County:San Diego
Area (MLS Code):Metro Uptown
Subdivision:North Park
Zip Code:92104
Community:NORTH PARK

Architecture

Bedrooms: 4
Bathrooms: 4
Year Built:1942
Stories:1
Total Stories: 1
Unit 1: 1 bed, 1 bath. Rent: $2506.0
Unit 2: 1 bed, 1 bath. Rent: $2506.0
Unit 3: 1 bed, 1 bath. Rent: $2506.0
Unit 4: 1 bed, 1 bath. Rent: $2506.0

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Dimensions:.25 to .5 AC
Fencing: Full

Tax and Financial Info

Gross Sched Income Actual: $247, 800
Annual Expense Actual: $78, 380
Cap Rate Actual: $3.60
Tenant Pays: Electricity, Gas/Propane
Terms: Cash, Conventional, Exchange

Schools

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4341-47 Arizona St San Diego,  CA 92104
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4341-47 Arizona St San Diego, CA 92104
 
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