3781 Alabama St - Development
3781 Alabama St, San Diego, CA 92104
PROPERTY DETAILS
Property Make Up:
Renovated SFR
Future (9) unit multi-family building
Lot Size: 6,117 SF
Note: Plans & Permits to be delivered for (9) unit multi-family building.
PROPERTY HIGHLIGHTS
Property to be delivered with ready to issue permits
Existing 2 Bed/2 Bath SFR + (9)1 bed/1 bath units
Walking Distance to Restaurants, Bars, and Shops on University Avenue
Strong projected rental income in one of San Diego’s most supply-constrained urban rental markets
PROPERTY DESCRIPTION
CONTACT BROKER FOR OM
3781 Alabama St is a rare value-add development opportunity in the heart of North Park. Presently the property includes a fully renovated 2-bed / 2-bath single-family residence and will be delivered with ready to issue plans & permits for the development of nine ground up 1-bed / 1-bath apartment units behind the home.
Located within walking distance of North Park’s vibrant dining, retail, and entertainment amenities along University Avenue, the property offers residents exceptional walkability and convenience with easy access to Downtown San Diego and Balboa Park. Combined with permit-ready plans and attractive projected rental income, 3781 Alabama St offers investors the opportunity to capitalize on a premier development site in one of San Diego’s strongest rental markets.
