$1,660,000
SOLD AUG 1, 2023
4 Beds
3 Baths
-- Sq Ft
7,001 Sq Ft Lot

Recently Sold

4% Above List Price

Highlights

  • Property is Fully Fenced
  • Wood Siding
  • 1-Story Property
  • Birney Elementary School Rated A

About This Home

As of August 2023

RARE North Park Developer / Investor opportunity! RM3-7, Complete Communities, Transit Priority, Opportunity Zone. Absolute best zoning scenario for a massive 20+ unit project or keep it simple with remodeling the existing 3 units with detached garage (easy 4th unit ADU). This multi-unit sits on 7001 sqft with alley access and zoned RM3-7 giving many options for small or large development. Seller was pursuing plans to build 20 Units, with 34 Bedrooms, 29 bathrooms, and parking. This home is located in one of North Park's only Opportunity Zones, providing huge advantages for tax deferment. It is part of the San Diego Complete Communities Tier 3 zone, allowing for 6.5 FAR build potential. Also great to live in one unit, and rent the others. Only one block away from University Ave, you're close to everything North Park has to offer including nightlife, restaurants, shopping, and public transportation. If your dream is to own the perfect North Park investment property then your search ends here!

Last Agent to Sell the Property

Erick Gydesen

LPT Realty,Inc License #01945932 Listed on: 06/01/2023

LPT Realty,Inc

Co-Listed By

Seth Boisvert

Big Block Realty, Inc. License #02020958

Last Buyer's Agent

Jordan Kabins

Real Broker License #02109904

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,001 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 445-571-13-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Lincoln Ave
  • Neighborhood: North Park
  • Stories: 1 Story
  • Sale Price List Price: 1.04
  • Total Stories: 1
  • Year Built: 1940
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 445-571-13-00
  • Estimated Lot Sq Ft: 7001
  • Estimated Number of Acres: 0.16
  • Map Code Column: D
  • Map Code Page: 1269
  • Map Code Row: 5

Multi Family

  • No. of Units: 3
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

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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
03/21/2025 03/21/25 For Sale $2,950,000 +77.7% $1,484 / Sq Ft
08/01/2023 08/01/23 Sold $1,660,000 +3.8% --
06/02/2023 06/02/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $1,599,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230010257

San Diego MLS