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$2,200,000
Est. payment /mo
7,021 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250031514
Lot Size 7,021 Sqft
Acres 0.16
Property Description
We are pleased to present this 7,021 SF development site at 4366 Ohio Street and the rare opportunity to construct a modern, 6-story 35 unit apartment project in the vibrant heart of North Park. Conveniently steps away from the lively intersection of El Cajon Blvd and 30th St, this prime urban location boasts outstanding walkability ( walk score 94 ) and the bustling energy of city living. Hit the ground running with current plans, or use as a template for your own design by taking advantage of the current RM 3-9 zoning and Complete Communities Housing Solutions, Tier 3 overlay zoning with a 6 FAR. This site currently generates $3,730 per month in rental income from a single-family home and a rear parking lot operating with low overhead. Combined market rent assuming full occupancy is approx. $5,450
Location
State CA
County San Diego
Area North Park (92104)
Zoning R-3:RESTRI
Building
Story 6
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Listed by Abe Peay • Bridgepoint Realty Inc
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
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