4011 15 Mississippi St, San Diego, CA 92104

About this property

RARE North Park Developer / Investor opportunity! RM3-7, Complete Communities, Transit Priority, Opportunity Zone. Absolute best zoning scenario for a massive 20+ unit project or keep it simple with remodeling the existing 3 units with detached garage (easy 4th unit ADU). This multi-unit sits on 7001 sqft with alley access and zoned RM3-7 giving many options for small or large development. Seller was pursuing plans to build 20 Units, with 34 Bedrooms, 29 bathrooms, and parking. This home is located in one of North Park's only Opportunity Zones, providing huge advantages for tax deferment. It is part of the San Diego Complete Communities Tier 3 zone, allowing for 6.5 FAR build potential. Also great to live in one unit, and rent the others. Only one block away from University Ave, you're close to everything North Park has to offer including nightlife, restaurants, shopping, and public transportation. If your dream is to own the perfect North Park investment property then your search ends here!

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$1,660,000

Sold August 2023 · listed $1,599,000, on market June 2023 · MLS #230010257SD · Source: CRMLS

Listing Agent: Erick Gydesen · Listing Office: Big Block Realty, Inc. · Contact: 800-550-3209 · Bought with: Jordan Kabins · Real Broker

Explore San Diego