4440 Illinois, San Diego, CA 92116
  • MLS#: 240014482SD ( )
  • Street Address: 4440 Illinois
  • Viewed: 2
  • Price: $2,199,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1940
  • Bldg sqft: 0
  • Days On Market: 144
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92116
  • Subdivision: North Park
  • Provided by: South Coast Commercial, Inc.
  • Contact: Brendan Brendan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    A developers dream! Multiple value add opportunities and strong existing income ($9,445 monthly gross income)! This site presents an increasingly rare urban infill opportunity to purchase a 7,018 SF lot, with (3) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. This property sits within the complete communities area and has a FAR of 6.5. The maximum buildable square feet is 45,617 subject to official approval to allow a complete communities project at this site. Alternatively and due to being fully remodeled, the existing units attract phenomenal renters in the asset's existing condition. The property is gated from the alley and tenants have the option to close the gate on Illinois for additional privacy. It is turfed with pavers throughout and laundry on site in the back.
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Features
Association Fee
  1. 0.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 123
Heating
  1. Electric
Levels
  1. Two
Netoperatingincome
  1. 72156.00
Parcel Number
  1. 4461211900
Park Name
  1. NA
Pool Features
  1. Private
Roof
  1. Composition
Sourcesystemkey
  1. 240014482:SDP
Subdivision Name Other
  1. North Park
Tenant Pays
  1. Electricity
  2. Gas
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/240014482
Year Built
  1. 1940
Zoning
  1. RM 3-8