4341 Arizona Street

San Diego, CA 92104

$4,500,000
Price
4
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Adrian Gonzalez-Pureco • DRE #01844618 • Brokerage DRE #01419860 • South Coast Commercial, Inc.
  2. Listed by Alexio Barbara • DRE #01992393 • Brokerage DRE #01419860 • South Coast Commercial, Inc.

Property Details for 4341 Arizona Street

Cross Streets
El Cajon Blvd
Area
North Park (NOP)
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
445-351-07-00

Location

Listing Courtesy of South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618; South Coast Commercial, Inc., Alexio Barbara, DRE #01992393
Add your commute
LISTING UPDATED: 04/15/2024 01:53 PM

Property Details for 4341 Arizona Street

StatusActive
MLS #240008042SD
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1942
Lot Size-
CountySan Diego County

Location

Listing Courtesy of South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618; South Coast Commercial, Inc., Alexio Barbara, DRE #01992393
Add your commute

Building Information for 4341 Arizona Street

Stories1Residences-Year Built1942Building Size-Lot Size-

Payment Calculator

$24,797 per month

30 year fixed, 7.25% Interest

Principal and Interest

$24,558

Property Taxes

$239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4341 Arizona Street

Community / Development
Community / Development
  • Complex Name: N/A
  • Number Of Units: 8
  • Amenities: None
  • Builders Tract Name: North Park
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $163,225.00
  • Gross Scheduled Income: $247,800
  • Cap Rate: 3.60%
  • Gross Rent Multiplier: $18.20
  • Other Income1: $.00
  • Total Annual Expense: 78380
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Other
  • Fence: Full
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, Exchange
  • Tenant Pays: Electricity, Gas/Propane

Property History for 4341 Arizona Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4341 Arizona Street

Taxable ValueLand$187,437Additions$53,538Total$240,975
Tax Record2017$2,870 ($239 / month)
Home Facts
Lot Size6,995 SqFtStyleMulti-Family Dwelling (2-4)ZoningR3CountySAN DIEGOAPN4453510700

Schools near 4341 Arizona Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 1 to 12
Public - K to 12
Rating
School
Distance
Birney Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

Alba School
Public1 to 12

Home & Hosp/Transition Support
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4341 Arizona Street is a multi-family home for sale in San Diego, CA 92104. This property was listed for sale on April 14, 2024 by South Coast Commercial, Inc., it's currently listed at $4,500,000. This listing's school district is San Diego Unified School District. Nearby schools include Birney Elementary School, Roosevelt International Middle School and Alba School. 4341 Arizona Street is a 4-bed, 4-bath, multi-family home built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618; South Coast Commercial, Inc., Alexio Barbara, DRE #01992393

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