3974-78 Kansas St, San Diego, CA 92104
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
Listed by: daniel a sipher
Office: landmark multifamily and development
MLS#:260006178
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,699,000
About this home
Exceptional value-add and redevelopment opportunity in the heart of North Park. The property is currently a 4-unit property situated on a 7,000 SF lot. Zoned RM-3-9 with approximately 600 SF per unit density, 2.7 FAR, and up to 60 feet of height, and located within both TPA and SDA overlay zones, the site offers significant multifamily development potential. Investors can pursue a near-term value-add strategy by updating units to achieve market-rate rents, with longer-term upside through expansion or higher-density redevelopment. With limited infill land available and ongoing demand for well-located multifamily housing, North Park continues to experience strong rent growth and long-term appreciation. This asset offers investors a flexible strategy to capture near-term cash flow while positioning for future redevelopment in a high-barrier-to-entry market.
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Home facts
- Year built:1930
- Subdivision & Development:NORTH PARK
- Listing ID #:260006178
- Added:149 day(s) ago
- Updated:August 13, 2026 at 01:57 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
Structure and exterior
- Year built:1930
- Levels:1 Story
Finances and disclosures
- Price:$1,699,000
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