3974 Kansas St San Diego, CA 92104
Value-add multifamily property with redevelopment potential in North Park.
Type:Investment
Lot size:
0.16 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 8
- Last Refresh:
- Apr 24 at 3:48 pm
Property Features for 3974 Kansas St
General Information
- Standard status
- Active
- Lot size
- 0.16 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1930
Listing agent Daniel Sipher (408) 368-5225
Listing office (408) 368-5225
Listing date Apr 24, 2026
Source Elliman
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 Daniel Sipher
Overview
North Park Multifamily Redevelopment Opportunity
This property presents an exceptional value-add and redevelopment opportunity in the heart of North Park. Currently configured as a 4-unit property, it occupies a 7,000 square foot lot. The RM-3-9 zoning allows for approximately 600 square feet per unit density, a 2.7 FAR (Floor Area Ratio), and building heights up to 60 feet. Located within both the TPA (Transit Priority Area) and SDA (Sustainable Development Area) overlay zones, the site offers significant multifamily development potential. Investors can implement a near-term value-add strategy by updating the units to achieve market-rate rents, with longer-term upside through expansion or higher-density redevelopment. North Park continues to experience strong rent growth and long-term appreciation due to limited infill land availability and ongoing demand for well-located multifamily housing. This asset offers investors a flexible strategy to capture near-term cash flow while positioning for future redevelopment in a high-barrier-to-entry market. The location is considered a Walker's Paradise with a walk score of 94, Very Bikeable with a bike score of 83, and has Good Transit with a transit score of 50.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.1315964
- Latitude
- 32.7498783
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Value-add multifamily property with redevelopment potential in North Park.
Where is this quadplex located?
The property is located at 3974 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: Significant multifamily development potential with RM‑3‑9 zoning.; Value‑add opportunity through unit updates.; Located in North Park, a high‑demand area.
