Active
4440-44 Illinois
Normal Heights CA, 92116
$2,199,000
$793.86 per sqft
Active
7 Beds
3 Baths
2,770 sqft
Multi-family
Built in 1940
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.
240014482
MLSⓇ ID
June 24, 2024
Listed
August 23, 2024
Updated
Map
4440-44 Illinois
Normal Heights CA, 92116
Interior Features
Total Stories
2
Bedrooms
7
Total Bathrooms
3
Full Bathrooms
3
Appliances
Dishwasher, Range/Oven, Refrigerator
Laundry Description
Laundry Facilities
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Electric, Wall/Gravity
Exterior/Building Features
Roof
Composition
Other Property Details
Area Name
Metro Uptown
Days on Market
16
Garage
No
View
No
County
San Diego
Pool
Yes
Pool Features
Private
Zoning
RM 3-8
Listed by South Coast Commercial, Inc., Brendan J Flynn,
Listing Contact: 339-222-3361
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Data last updated 8:04 AM UTC, 8/23/2024
