Property Details
About this Property
A developers dream! Multiple value add opportunities and strong existing income ($9,445 monthly gross income)! This site presents an increasingly rare urban infill opportunity to purchase a 7,018 SF lot, with (3) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. This property sits within the complete communities area and has a FAR of 6.5. The maximum buildable square feet is 45,617 subject to official approval to allow a complete communities project at this site. Alternatively and due to being fully remodeled, the existing units attract phenomenal renters in the asset's existing condition. The property is gated from the alley and tenants have the option to close the gate on Illinois for additional privacy. It is turfed with pavers throughout and laundry on site in the back.
MLS Listing Information
MLS #
SD240014482
MLS Source
San Diego MLS
Days on Site
150
Interior Features
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Electric, Wall Furnace
Exterior Features
Roof
Composition
Pool
Other
Parking, School, and Other Information
Zoning
RM 3-8
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 710 | 2 | 1/0 | $3,000 |
| 2 | 710 | 2 | 1/0 | $2,690 |
| 3 | 1,350 | 3 | 1/0 | $3,875 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4440-44 Illinois is a Triplex in San Diego, CA 92116. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,199,000 and was built in 1940. This address can also be written as 4440-44 Illinois, San Diego, CA 92116.
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This listing information is up-to-date as of October 24, 2024. For the most current information, please contact Brendan Flynn, (339) 222-3361
