We are pleased to present this 7,021 SF development site at 4366 Ohio Street and the rare opportunity to construct a modern, 6-story 35 unit apartment project in the vibrant heart of North Park. Conveniently steps away from the lively intersection of El Cajon Blvd and 30th St, this prime urban location boasts outstanding walkability ( walk score 94 ) and the bustling energy of city living. Hit the ground running with current plans, or use as a template for your own design by taking advantage of the current RM 3-9 zoning and Complete Communities Housing Solutions, Tier 3 overlay zoning with a 6 FAR. This site currently generates $3,730 per month in rental income from a single-family home and a rear parking lot operating with low overhead. Combined market rent assuming full occupancy is approx. $5,450
Listing courtesy of Listing Agent: Abe Peay (abe@abepeay.com) from Listing Office: Bridgepoint Realty Inc.
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