4714-16 Arizona St, San Diego, CA 92116

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$3,250,000

Est. payment - /mo

7 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision University Heights

MLS Listing ID 250033791

Bedrooms 7

Year Built 1950

Property Sub-Type Res Income 2-4 Units

Property Description

Fully occupied and income-producing, the Arizona Street parcels at 4712 & 4714–16 Arizona St offer a rare 23,000 SF development opportunity in the heart of University Heights. This double-lot site presents a compelling blend of stable in-place income and long-term redevelopment potential in one of San Diego's most desirable infill neighborhoods. The property currently generates $8,125/month from a remodeled single-family home and a well-maintained duplex. Much of the site is dedicated to surface parking, creating a clear path for higher-density residential development. Plans have been submitted to the City of San Diego for 18 two-story ADU townhome units (nine duplex-style buildings), streamlining the path for a buyer to execute on a shovel-ready strategy—or adapt the site for their own vision. Located within a Transit Priority Area and zoned RM-1-1, the site benefits from reduced parking requirements and enhanced density options. This site is available individually or as part of a larger 3.14-acre portfolio when combined with the adjacent 2436 Adams Avenue property, which features an additional 16 entitled units. Together, the assemblage offers 34 proposed units across three prime parcels. Whether acquired separately or as part of a larger play, this is a standout opportunity for developers and investors seeking immediate income with entitlement upside in central San Diego.

Location

State CA

County San Diego

Area Metro Uptown

Zoning RM1-1

Interior

Cooling Wall/Window

Fireplace No

Exterior

Fence Partial

Utilities Available Sewer Connected

View Y/N No

Roof Type Composition,Tile/Clay

Building

Story 1

Level or Stories 1

Others

Tax ID 2 APN Offer

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Listed by Joseph D Silva CCG RE Investment Services Inc

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4714-16 Arizona St San Diego, CA 92116