Pending
4378 Oregon St
North Park CA, 92104
$2,199,000
$986.10 per sqft
Pending
5 Beds
4 Baths
2,230 sqft
Multi-family
Built in 1937
A developers dream! Multiple value add opportunities and strong existing income ($10,129 monthly gross income)! This site presents an increasingly rare urban infill opportunity to purchase a 7,000 SF lot, with (3) 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 from 12 to 24, or the Complete Communities program can be used to build 48 units. Alternatively, the current structures include (6) garages that can be converted to (3) ADUs with an additional space in the middle of the parcel for new construction units.
240004834
MLSⓇ ID
March 6, 2024
Listed
May 9, 2024
Updated
Map
4378 Oregon St
North Park CA, 92104
Interior Features
Total Stories
1
Bedrooms
5
Total Bathrooms
4
Appliances
Dishwasher, Range/Oven, Refrigerator
Fireplace
Yes
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Roof
Rolled/Hot Mop
Other Property Details
Area Name
Metro Uptown
Days on Market
16
Garage
Yes
Parking
Garage
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
3/26/2024 | Pending | — |
Listed by Matt Davies, Broker, Matt Davies,
Listing Contact: 858-525-3131
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Data last updated 4:09 AM UTC, 5/9/2024
