3974 78 Kansas St, San Diego, CA 92104
List Price: $1.7M
Listing Status: Active
0Days on Market: 2
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1930
Lot Size: 6,999 sq ft
MLS Number: 260006178SD
About This Property
Exceptional value-add and redevelopment opportunity in the heart of North Park. The property is currently a 4-unit property situated on a 7,000 SF lot. Zoned RM-3-9 with approximately 600 SF per unit density, 2.7 FAR, and up to 60 feet of height, and located within both TPA and SDA overlay zones, the site offers significant multifamily development potential. Investors can pursue a near-term value-add strategy by updating units to achieve market-rate rents, with longer-term upside through expansion or higher-density redevelopment. With limited infill land available and ongoing demand for well-located multifamily housing, North Park continues to experience strong rent growth and long-term appreciation. This asset offers investors a flexible strategy to capture near-term cash flow while positioning for future redevelopment in a high-barrier-to-entry market.
Listing provided by: Daniel Sipher DRE #02043589 408-368-5225 dan@sdlandmark.com, Landmark Multifamily and Development
Source: CRMLS, MLS #: 260006178SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.