Description
Unlock the possibilities of this large 5,251 sq ft infill lot. Zoned Rm-2-5 with Tier 3 Complete Communities and 6.5 FAR potential in TPA zone. Can easily add 4 ADUs or demo and go big with the bonus adu program. Situated in the heart of University Heights/North Park , one of San Diego’s most in-demand urban neighborhoods. Steps from the vibrant North Park corridor with popular dining, coffee shops, breweries, and boutique retail. Easy access to major freeways, Downtown San Diego, and Balboa Park. The immediate neighborhood has strong rental market and continued growth. This property offers exceptional density potential for developers looking to capitalize on high rental demand and walkable lifestyle amenities. This site offers rare entitlement flexibility for high-density residential infill. Investors have the option to retain the existing home (with paid off solar, upgraded electrical system and 5 off street parking garage/spaces) for immediate rental income while developing additional units at the rear in the unattached custom 2012 built garage and gym with 9 1/2 feet ceilings and alley access, or maximize the lot with a full-scale multi-unit project. There are two separate 1 car garages. The original was turned into a sound stage Unlock the potential of this rare infill lot. Zoned Rm-2-5 with Tier 3 Complete Communities and 6.5 FAR potential in TPA zone. Situated in the heart of University Heights/North Park , one of San Diego’s most in-demand urban neighborhoods. Steps from the vibrant North Park corridor with popular dining, coffee shops, breweries, and boutique retail. Easy access to major freeways, Downtown San Diego, and Balboa Park. The immediate neighborhood has strong rental market and continued growth. This property offers exceptional density potential for developers looking to capitalize on high rental demand and walkable lifestyle amenities. This site offers rare entitlement flexibility for high-density residential infill. Investors have the option to retain the existing home (with paid off solar, upgraded electrical system and 5 off street parking garage/spaces) for immediate rental income while developing additional units at the rear in the unattached custom 2012 built garage and gym with 9 1/2 feet ceilings and alley access, or maximize the lot with a full-scale multi-unit project.
