4365 69 37Th Street

San Diego, CA 92105

$1,400,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

2000

calendar_month Built

Property Description

Located in the highly sought-after neighborhood of Normal Heights, this three-unit multi-family property offers incredible potential for both rental income and future development. Perfectly situated within the SDA, Complete Communities, and TPA zones, this property is zoned RM2-5 & is poised for significant appreciation and flexibility, with the added benefit of a FAR of 6.5—allowing for the possibility to build over 40,000 sq. ft. of living space. Property Features: Front Home: A beautifully updated 3-bedroom, 2-bathroom home featuring a spacious open living area, a walk-in closet in the primary bedroom, and a large custom shower for ultimate relaxation. See supp... Two Rear Apartments: A two-story building with two 2-bedroom, 1-bathroom apartments—ideal for rental income. While these units could use a remodel, they present an excellent opportunity to increase value and return on investment. Two-Car Garage: Conveniently attached to the front home, providing additional storage, a laundry area and parking. Direct Alley Access: For ease of access to the rear apartments, with plenty of potential for further development. Motorized Driveway Gate: Enhances privacy, security, and peace of mind. Central Deck/Patio Area: Perfect for outdoor gatherings, relaxation, or enjoying the San Diego weather. Whether you're a family looking for multigenerational living, or an investor seeking rental income or exploring the vast redevelopment potential, this property offers a wealth of possibilities. With the ability to expand and build, combined with a solid foundation for the existing income, it’s an incredible opportunity in a rapidly growing area. Schedule a tour today to see the potential for yourself!

Listing Information

List Price $1,400,000
Status Active
MLS 250018182SD
HOA $0
Type Residential Income
Year Built 2000
Lot Size 6,253
Structure Size N/A
DOM 3
Courtesy Of eXp Realty of California, Inc.
Listing Agent Adam Sussely-House DRE#01904624
Co-Listing Agent Michelle Sussely-House DRE#02213381

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Adam Sussely-House, Michelle Sussely-House, eXp Realty of California, Inc. 858-774-2726. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 9th, 2025 at 5:30 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.