3933 Utah
San Diego, CA 92104
11,206Sqft(Lot)
One of San Diego's rarest development opportunities, a permit-approved, shovel-ready site for an 8-story, 70-unit multifamily building in the heart of North Park. Entitlements are secured, architectural plans by Ehrlich Yanai Rhee Chaney Architects are complete, and four occupied residential units renovated in 2023 with new appliances and updated finishes generate $12,885/month ($154,620/yr) in current income while you prepare for construction. The approved project features 70 units averaging ~615 SF (studios, 1BR, 2BR), ground-floor lobby and leasing space, rooftop clubhouse and deck, and 29 underground parking spaces. Projected market rents are supported by comparable properties averaging $4.57/SF with 90%+ stabilized occupancy. At $2,625,000, just $37,500 per approved unit, this assembl
Property Details
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Map
What's Nearby
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Features
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Bathroom Information
Total Baths: 0
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Fencing
Partial
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2573 -
Lot Size Source: Assessor Lot Size Square Feet: 11206
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Listing Price Information
Original List Price: 2,575,000 Listing Contract Date: 2026-04-07 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 44641111 and 12
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Other Property Info
Source Listing Status: Active Source Neighborhood: 92104 - North Park Directions: University to Utah St, head north. CrossStreet: University Ave Source Property Type: Land Area: 92104 - North Park
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ByOwner last updated this listing 06/13/2026 @ 22:31
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