Homes for sale - 4440-44 Illinois, San Diego, CA 92116

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2025

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Courtney Valletta

info@vallettawoodsgroup.com +1(916) 705-5454

$ 2,199,000

Est. payment | -/mo

7 Beds

3 Baths

710 SqFt

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$ 2,199,000

Est. payment | -/mo

Save Virtual Tour Video Tour

7 Beds

3 Baths

710 SqFt

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 710 sqft

Price per Sqft $3,097

Subdivision North Park

MLS Listing ID 240014482

Bedrooms 7

Full Baths 3

HOA Y/N No

Year Built 1940

Property 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.

Location

State CA

County San Diego

Community North Park

Area Normal Heights (92116)

Building/Complex Name NA

Zoning RM 3-8

Interior

Heating Electric

Cooling Wall/Window

Appliance Wall/Gravity

Exterior

Exterior Feature Stucco

Fence Full

Pool Private

Community Features Laundry Facilities

Complex Features Laundry Facilities

Roof Type Composition

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA

Space Rent $2,880

Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA

Pets Allowed Allowed w/Restrictions

Listed by Brendan J Flynn • South Coast Commercial, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 705-5454

info@vallettawoodsgroup.com

1420 Kettner Blvd Suite 100, Diego, California, 92101, United States

4440-44 Illinois San Diego, CA 92116