Value-Add Quadplex with Redevelopment
For Sale
$1,699,000
3974 78 Kansas St, San Diego, CA 92104
Four-unit property with RM-3-9 zoning and redevelopment overlays for flexible multifamily renovation or expansion.
Lot Size0.16 Acres
Days on Market61
Property Features for 3974 78 Kansas St
General Information
Standard status
Active
Lot size
0.16 Acres
Property subtype
Investment
Zoning
RM-3-9
Additional Details
Multifamily Units
4
Building Details
Year Built
1930
Tenancy
Multi
Listing Agency:
Landmark Multifamily and Development
(408) 368-5225
Listed By:
Daniel Sipher
(408) 368-5225
Source:
Elliman
Added: Jun 3
Changed: Jul 10
Last Checked: Aug 1 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Multifamily and Development
Investment Insights
Based on property information with market context.
This quadplex consists of four residential units on a 7,000 SF lot, offering a straightforward value-add framework through unit updates. The property is positioned for redevelopment planning as well, with RM-3-9 zoning that allows approximately 600 SF per unit density, a 2.7 FAR, and up to 60 feet of height. The site is also within both TPA and SDA overlay zones, which should be reviewed as part of any expansion or higher-density redevelopment concept.
Located in North Park, the property benefits from a walkable, bikeable environment, with reported Walk Score 94 and Bike Score 83, and a Transit Score of 50. This combination can support resident access to nearby everyday needs while keeping the site well-situated within an established San Diego neighborhood context.
For investors, the asset can fit either a near-term renovation strategy or a longer-term redevelopment path. Current configuration as a four-unit building provides an immediate operating base, while the zoning envelope and overlay designations support conversations around future density and building scale. The property’s site-limited nature for infill development is also a practical consideration when evaluating redevelopment feasibility and timeline.
Located in North Park, the property benefits from a walkable, bikeable environment, with reported Walk Score 94 and Bike Score 83, and a Transit Score of 50. This combination can support resident access to nearby everyday needs while keeping the site well-situated within an established San Diego neighborhood context.
For investors, the asset can fit either a near-term renovation strategy or a longer-term redevelopment path. Current configuration as a four-unit building provides an immediate operating base, while the zoning envelope and overlay designations support conversations around future density and building scale. The property’s site-limited nature for infill development is also a practical consideration when evaluating redevelopment feasibility and timeline.
Key Highlights
- Four‑unit multifamily property built in 1930 on a 7,000 SF lot
- RM‑3‑9 zoning supports multifamily development with approximately 2.7 FAR and up to 60 feet height
- Located within TPA and SDA overlay zones, offering redevelopment‑related opportunities
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,813
Businesses Nearby
Explore this area
Business Placement
Demographics for 92104, CA
44,265
Population
24,580
Households
1.8
Avg Household Size
36
Median Age
55%
College-Educated
94%
High-School Grad
3.7 sq mi
ZIP Area
11,964
Density / Sq Mi
$92,862
Median Household Income
$60,195
Median Earnings
$1,925
Median Rent
$861,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with RM-3-9 zoning and redevelopment overlays for flexible multifamily renovation or expansion.
Where is this quadplex located?
The property is located at 3974 78 Kansas St San Diego, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1930 on a 7,000 SF lot; RM‑3‑9 zoning supports multifamily development with approximately 2.7 FAR and up to 60 feet height; Located within TPA and SDA overlay zones, offering redevelopment‑related opportunities
