4440-44 Illinois Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92116
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 710 sqft
Price per Sqft $3,097
Subdivision North Park
MLS Listing ID 240014482
Bedrooms 7
Full Baths 3
Year Built 1940
Property Description
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.
Location
State CA
County San Diego
Community North Park
Area Normal Heights (92116)
Building/Complex Name NA
Zoning RM 3-8
Interior
Heating Electric
Cooling Wall/Window
Exterior
Exterior Feature Stucco
Fence Full
Pool Private
Community Features Laundry Facilities
Complex Features Laundry Facilities
Roof Type Composition
Building
Story 2
Others
Acceptable Financing Cal Vet,Cash,Conventional,Exchange,FHA,VA
Space Rent $2,880
Listing Terms Cal Vet,Cash,Conventional,Exchange,FHA,VA
Pets Allowed Allowed w/Restrictions