$1,000,000
$1,075,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
4324 Meade Ave San Diego, CA 92116
4 Beds
3 Baths
1,600 SqFt
Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $625
Subdivision San Diego
MLS Listing ID 240027884
Sold Date 03/07/25
Style Detached
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1939
Property Sub-Type Detached
Property Description
This 4-bedroom, 3-bathroom property in Kensington spans 1,600 sq. ft. on a spacious 6,200 sq. ft. lot, offering immense potential for savvy investors, flippers, and developers. The detached garage has been converted into an ADU, adding value and immediate rental income potential. Located within the Central Urbanized Planning District (CUPD-2-4), this property is a goldmine for redevelopment opportunities with zoning that supports a height limit of 50'–90' and flexible setbacks of 10 ft on all sides. Situated in Complete Communities Tier 3, this site boasts an impressive Floor Area Ratio (FAR) of 6.5, allowing for up to 38,700 buildable sq. ft. beyond the existing structure. Whether you're envisioning a high-density residential development, mixed-use project, or capitalizing on the Transit Priority Area for increased urban accessibility, this property offers unparalleled potential. Seize the chance to maximize returns in a growing, centrally located urban hub. This is the opportunity every investor has been waiting for—don't miss out!
Location
State CA
County San Diego
Community San Diego
Area Normal Heights (92116)
Rooms
Guest Accommodations Detached
Master Bedroom 14X14
Bedroom 2 10X10
Bedroom 3 10X10
Bedroom 4 10X10
Living Room 16X14
Dining Room 12X10
Kitchen 12X12
Interior
Heating Electric
Cooling Central Forced Air
Equipment Other/Remarks
Appliance Other/Remarks
Laundry Closet Full Sized
Exterior
Exterior Feature Stucco
Parking Features None Known
Fence Full, Gate
Roof Type Composition
Total Parking Spaces 2
Building
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Bought with Adrian G Quijano • eXp Realty of California, Inc.