$2,499,000

4714-16 Arizona St, San Diego, CA 92116

  • 7 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.54acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Fully occupied and income-producing, the Arizona Street parcels at 4712 & 4714–16 Arizona St offer a rare 23,000 SF development opportunity in the heart of University Heights. This double-lot site presents a compelling blend of stable in-place income and long-term redevelopment potential in one of San Diego’s most desirable infill neighborhoods. The property currently generates $8,125/month from a remodeled single-family home and a well-maintained duplex. Much of the site is dedicated to surface parking, creating a clear path for higher-density residential development. Plans have been submitted to the City of San Diego for 18 two-story ADU townhome units (nine duplex-style buildings), streamlining the path for a buyer to execute on a shovel-ready strategy—or adapt the site for their own vision. Located within a Transit Priority Area and zoned RM-1-1, the site benefits from reduced parking requirements and enhanced density options. This site is available individually or as part of a larger 3.14-acre portfolio when combined with the adjacent 2436 Adams Avenue property, which features an additional 18 entitled units. Together, the assemblage offers 36 proposed units across three prime parcels. Whether acquired separately or as part of a larger play, this is a standout opportunity for developers and investors seeking immediate income with entitlement upside in central San Diego.

Listing Status:
Active
Listing Office:
CCG RE Investment Services Inc : 408-772-6307
Listing Agent:
Joseph D Silva : 559-967-5913
MLS ID:
250033791
  • A/C: Wall/Window
  • Roofing: CompositionTile/Clay
  • General: StoneStuccoWood1 Story
  • Originating MLS: SDMLS
  • County: San Diego
  • Zoning: RM1-12 APN Offer
  • Fencing: Partial
  • Utilities: Sewer Connected
  • Source: SDMLS

This listing courtesy of Joseph D Silva, CCG RE Investment Services Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Garfield Elementary School

4487 Oregon St, San Diego, CA, 92116

Grades KG-5

0.39 miles away

H

Home & Hosp/Transition Support

4100 Normal St Annex 14, San Diego, CA, 92103

Grades KG-12

0.83 miles away

H

Home & Hosp/Transition Support

4100 Normal St Annex 14, San Diego, CA, 92103

Grades KG-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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