San Diego, CA 92115,4862 70th Street
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$749,000
Est. payment /mo
2 Beds
1 Bath
882 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 882 sqft

Price per Sqft $849

Subdivision San Diego

MLS Listing ID 260001396SD

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1950

Lot Size 6,390 Sqft

Property Sub-Type Single Family Residence

Property Description

**DEVELOPMENT OPPORTUNITY**Positioned in the heart of San Diego's highly desirable College Area, this property presents an exceptional opportunity for developers seeking density, flexibility, and long-term upside under the City of San Diego's Complete Communities Housing Solutions program. The site is zoned RM 3–7 (Tier 2), allowing for the development of a multifamily apartment project with enhanced density potential. The lot features standard dimensions of approximately 50 feet of frontage by 127 feet of depth, offering an efficient and developer-friendly footprint for new construction. Currently improved with a 2-bedroom, 1-bath single-family residence, the property provides a clear path for redevelopment into a modern multifamily project designed to meet San Diego's growing housing demand. Importantly, the property is located within a designated census tract that may qualify for low-income housing incentives and funding programs, creating a compelling opportunity for developers pursuing affordable or workforce housing. This added layer of potential financing support can significantly enhance project feasibility and returns. Located near major transit corridors, employment centers, San Diego State University, and neighborhood-serving amenities, the site aligns perfectly with the goals of Complete Communities—promoting smart growth, housing accessibility, and long-term value.

Location

State CA

County San Diego

Area 92115 - San Diego

Interior

Heating Natural Gas

Cooling None

Fireplace No

Appliance Gas Cooktop, Refrigerator

Laundry Washer Hookup, Electric Dryer Hookup, In Garage

Exterior

Parking Features Driveway

Garage Spaces 1.0

Garage Description 1.0

Pool None

View Y/N No

Roof Type Rolled/Hot Mop

Total Parking Spaces 2

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4682820500

Acceptable Financing Cash

Listing Terms Cash

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CRMLS – RECore
Listed by David Kurniadi The Kurniadi Group

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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