Skip To Content

4017 Swift Avenue

San Diego, CA 92104
  • $992,240
  • STATUS: ACTIVE
  • ON SITE: 20 Days
  • ID#: 230000735
UPDATED: 62 min ago
$992,240
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,264
    SQFT
  • $785
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1923
County:

School Ratings & Info

Description

The Swift Avenue properties present a fantastic opportunity to purchase two well located assets with existing cashflows and significant development potential. The lots reside in a Qualified Opportunity Zone, Transit Priority Area and fall within the Complete Communities Plan with an attractive 6.5 FAR. The sites are composed of two parcels totaling 13,011 SF of land with a 1,264 SF 2BR/2BA house on a 5,722 SF lot, and a contiguous 1,533 SF 3BR/1BA house with detached single car garage on a 7,289 SF lot. Multiple opportunities are available to develop the property. A recent yield study shows options from 37 to 56 apartment units with variations on mixed use amenities and parking. The adjacent lot is currently for sale and if purchased simultaneously could potentially yield up to 132 units, along a corner lot that fronts University Avenue. Any future project on these sites would be extremely well located in central San Diego with immediate access to both the 805 and 15 freeways, walking distance to the nearby elementary school and several retail establishments along University Avenue. Mid-City San Diego is gentrifying rapidly under the new Complete Communities plan zoning. This is an excellent opportunity for an investor/developer to get in on the ground floor as the area flourishes well into the future.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/135955540
Print Image

4017 Swift Avenue San Diego, CA 92104

  • Price: $992,240
  • Status: ACTIVE
  • On Site: 20 Days
  • Updated: 62 min ago
  • ID#: 230000735
3
Beds
2
Baths
0
½ Baths
N/A
Acres
1,264
SQFT
$785
$/SQFT
1923
Built
Neighborhood:
San Diego
County:
San Diego
Area:
North Park (92104)
Property Description
The Swift Avenue properties present a fantastic opportunity to purchase two well located assets with existing cashflows and significant development potential. The lots reside in a Qualified Opportunity Zone, Transit Priority Area and fall within the Complete Communities Plan with an attractive 6.5 FAR. The sites are composed of two parcels totaling 13,011 SF of land with a 1,264 SF 2BR/2BA house on a 5,722 SF lot, and a contiguous 1,533 SF 3BR/1BA house with detached single car garage on a 7,289 SF lot. Multiple opportunities are available to develop the property. A recent yield study shows options from 37 to 56 apartment units with variations on mixed use amenities and parking. The adjacent lot is currently for sale and if purchased simultaneously could potentially yield up to 132 units, along a corner lot that fronts University Avenue. Any future project on these sites would be extremely well located in central San Diego with immediate access to both the 805 and 15 freeways, walking distance to the nearby elementary school and several retail establishments along University Avenue. Mid-City San Diego is gentrifying rapidly under the new Complete Communities plan zoning. This is an excellent opportunity for an investor/developer to get in on the ground floor as the area flourishes well into the future.
Exterior Features

Exterior Other/Remarks Fencing N/K Frontage Other/Remarks Guest House N/K Lot Size 4000-7499 SF Parking Garage Description None Known Parking Non Garage Description Driveway - Asphalt Parking Non Garage Spaces 2 Parking Spaces Total 2 Pool N/K Residential Styles Detached Roof Composition Site Alley Access Topography Level View N/K

Interior Features

Bath Totals 2 Bedroom2 Dimensions 10X10 Bedroom3 Dimensions 10X10 Bedrooms Total 3 Cooling N/K Dining Room Dimensions 10X10 Equipment Available N/K Family Room Dimensions 10X10 Fireplace N/K Fireplaces 0 Floor Coverings None Known Heat Equipment N/K Heat Source Other/Remarks Kitchen Dimensions 10X10 Laundry Location N/K Laundry Utilities None Known Living Room Dimensions 10X10 Master Bedroom Dimensions 10X10 Optional Bedrooms 0 Searchable Rooms N/K Stories 1 Story

Property Features

Age Restrictions N/K Association ID San Diego Association Of Realtors (Sdar) Cfd Mello Roos Fee 0.0 Community Normal Heights Cross Streets University And Swift Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Ownership Fee Simple Property Restrictions Known None Known Residential Sub Category Detached Sales Restrictions N/K Sewer Septic Public Sewer Short Sale No Terms CashConventionalFhaVa Water Meter On Property

San Diego MLS logo Listing provided courtesy of South Coast Commercial, Inc.: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_230000735-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_230000735-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_230000735-2.jpg
Logo
The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101