4862 70th St

San Diego, CA 92115
  • $749,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 882

    SqFt

About the Listing SAND-3198 - SAND-643427

**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.

Listing Highlights

Status Active
Days on Site 13
Property Type Residential
MLS ® 260001396SD
Year Built 1950
Total Square Footage 882
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances: Gas Cooktop, Refrigerator
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 1 car
  • Parking Spaces: 2
  • Roof: Rolled/Hot Mop
  • Others: Stucco
  • Sewer:
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4682820500
  • Tax Year: N/A

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Questions About..

4862 70th St San Diego, CA 92115

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Originating MLS: CRMLS

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