$1,095,000
$65K PRICE DROP

330 Willie James Jones Ave San Diego, CA 92102

Lincoln Park Neighborhood

Estimated payment $6,929/month

Total Views 41,161
6 Beds
4.5 Baths
2,518 Sq Ft
$435 Price per Sq Ft

Highlights

  • City Lights View
  • Handicap Accessible
  • Property is Fully Fenced
  • Cul-De-Sac
  • Dog Run

About This Home

Located in the heart of Lincoln Park, 6BD 4.5BA versatile duplex offers significant development potential just minutes from downtown San Diego and major highways. The property features a 5-bedroom, 3-bathroom unit and a separate 1-bedroom, 1.5-bathroom apartment, providing immediate rental income and tenant flexibility. Zoned for up to 65 buildable units and included in the Complete Communities Tier 3 program, this lot presents a rare opportunity for investors to capitalize on San Diego's growing housing demand. This ±10,471 SF development site in Lincoln Park offers a prime investment opportunity with a current income of $4,100 per month from an existing duplex while being ideally positioned for substantial future growth. Zoned RM-3-7 and included in the Complete Communities Tier 3 program with a 6.5x FAR, the property allows for up to 65 buildable units totaling 68,061 SF. Lot dimensions are 71’ x 150’ with efficient setbacks of 10' (front) and 5' (rear), and a height limit of 40 ft or up to 7 stories. Located within an Opportunity Zone, it offers tax benefits and is designated as a “Sustainable Development Area,” making it attractive for high-density, eco-friendly projects. With easy access to I-805 and SR-94 and a current CAP rate of 2.79%, this site stands out as a compelling investment in a rapidly evolving neighborhood.

Listing Agent

Alexander Ciullo

Pacific Sotheby's Int'l Realty License #02012544 Listed on: 04/11/2025

Pacific Sotheby's Int'l Realty

Co-Listing Agent

Andrew Hooks

Pacific Sotheby's Int'l Realty License #02186953

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 71x148x78x125
  • Cul-De-Sac
  • Dog Run
  • Property is Fully Fenced
  • Value in Land

Home Design

  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,518 Sq Ft Home
  • Wired For Data
  • City Lights Views

Bedrooms and Bathrooms

  • 6 Bedrooms

Accessible Home Design

  • Handicap Accessible

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • Wjj Community
  • San Diego Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Building Details

  • Operating Expense $9,188

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Unit Levels: Other/Remarks
  • Property Sub Type: Res Income 2-4 Units
  • Lot Size: 71x148x78x125
  • CapRate: 4.22
  • Co List Office Mls Id: 5185
  • Co List Office Mls Id: 5185
  • Subdivision Name: SAN DIEGO
  • Directions: I-805 South to Imperial Ave. Head East on Imperial Ave, Left on Willie James Jones Ave. Property is located end of the cul-de-sa
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Fencing: Full
  • Roof: Concrete
  • View: Evening Lights
  • Construction Type: Stucco, Wood/Stucco

Utilities

  • Cooling: Central Forced Air
  • Heating: Forced Air Unit
  • Utilities: Sewer Connected
  • Water Source: Meter on Property

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions

Schools

  • Junior High Dist: San Diego Unified School Distric

Lot Info

  • Zoning: RM-4 CCHS3

Rental Info

  • Tenant Pays: Trash, Water, Cable TV, Electricity, Gardener, Gas/Propane, Hot Water

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 2
  • Annual Operating Expense: 9188.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $1,095,000 -5.6% $435 / Sq Ft
05/19/2025 05/19/25 For Sale $1,160,000 0.0% $461 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $1,160,000 +45.0% $461 / Sq Ft
12/30/2021 12/30/21 Sold $799,900 0.0% $318 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $799,900 -- $318 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250024255

San Diego MLS

APN: 548-130-25-00