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4333 Florida St San Diego, CA 92104

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For Sale
$1,430,000

Two-unit property in desirable location with redevelopment potential.

Property Features for 4333 Florida St

General Information

Property type
Investment
Standard status
Active

Building Details

Year built
1953

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Listing Contact
Ben Sierpina
Source: Elliman

Listing Agent: Ben Sierpina

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

University Heights Multifamily Redevelopment Opportunity

Located in the University Heights neighborhood, the property at 4333 Florida Street features a two-unit complex constructed in 1953 and extensively improved in 2022. The complex totals approximately 1,661 rentable square feet on an approximately 5,622 square foot lot. The property is situated in Complete Communities Tier 3 (6.5 FAR), offering future redevelopment potential. The units are standalone cottages with no shared walls and ample yard space. The front unit is a 2-bedroom/1-bath cottage, and the back unit is a spacious 3-bedroom/1-bath cottage. Both units have been recently remodeled with new vinyl plank flooring, hardware, recessed lighting, and updated kitchens and bathrooms. The exteriors have also been extensively improved with new doors, dual-pane vinyl windows, siding, and paint. There are three detached single-car garages, which also have the potential for an ADU conversion. Both units will be delivered vacant, making this an ideal opportunity for investors, owner-users, and developers. Located two blocks from Park Boulevard, the property is within walking distance of University Heights amenities. The 8 and 163 freeways are also nearby, providing easy access.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.1434291
Latitude
32.7560446

FAQs

What type of property is this?
Duplex - Two-unit property in desirable location with redevelopment potential.
Where is this duplex located?
The property is located at 4333 Florida St San Diego, CA.
What is the asking price?
The asking price for this property is $1,430,000.
What are key features of this property?
This property features: - Highly desirable University Heights location with a Walk Score of 95.; - Redevelopment potential due to Complete Communities Tier 3 (6.5 FAR) zoning.; - **Two standalone cottages (2-bed/1-bath and 3-bed/1-bath) with no shared walls.**
More about this property
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