12
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$1,699,000
Est. payment /mo
7,000 Sqft Lot
Active
3974 Kansas St San Diego, CA 92104
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision North Park
MLS Listing ID 260006178SD
HOA Y/N No
Year Built 1930
Lot Size 7,000 Sqft
Property Description
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.
Location
State CA
County San Diego
Area 92104 - North Park
Building/Complex Name North Park
Zoning RM-3-9
Interior
Cooling None, See Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4464112800
Virtual Tour https://www.propertypanorama.com/instaview/snd/260006178
Listed by Daniel Sipher Landmark Multifamily and Development #02043589
NEARBY SCHOOL & BUSINESS
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