3974-78 Kansas St, San Diego, CA 92104

$1,699,000 Approx. USD 5 beds, 4 baths

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Photo of Valerie Tuck

Marketed By Valerie Tuck REALTOR® - Sales Associate 858-353-3377 m
858-353-3377 o
Lic#: 01947055
NRDS ID: 196559249
valerietuckhomes@gmail.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275

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Agent Remarks

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 Details

Property type: Res Income 2-4 Units (Multi-Family)

Status: ACTIVE

MLS# 260006178

Price: $1,699,000

Beds: 5

Baths: 4 (4 full)

Built in 1930

1 story

0.00 acres

Subdivision: NORTH PARK

County: San Diego