San Diego, CA 92104,4378 Oregon St
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San Diego, CA 92104,4378 Oregon St
San Diego, CA 92104,4378 Oregon St
San Diego, CA 92104,4378 Oregon St
San Diego, CA 92104,4378 Oregon St

$2,175,000

Est. payment /mo

$2,199,000

1.1%
Est.Price: ?

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4378 Oregon St San Diego, CA 92104

SOLD DATE : 05/22/2024

Key Details

Sold Price $2,175,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision North Park

MLS Listing ID 240004834SD

Sold Date 05/22/24

HOA Y/N No

Year Built 1937

Property Description

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.

Location

State CA

County San Diego

Area 92104 - North Park

Building/Complex Name North Park

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

View Y/N No

Roof Type Rolled/Hot Mop

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4453522100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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California Regional MLS (CRMLS)
Listed by Matt Davies • Matt Davies, Broker
Bought with Matt Davies • Matt Davies, Broker

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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