3968 Alabama St, North Park, CA 92104

$3,125,000
8
BD
1
BA
4,000
SqFt

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Listing courtesy of Listing Agent: Aziz Zakkout (858-859-9737) from Listing Office: Zakkout Real Estate Services.

Selling Office: Mark H. Hannah.

Sold Price
$3,125,000
List Price
$3,300,000
Status
CLOSED
Days on Market
77
Closing Date
Apr 22, 2026
MLS#
260002705
Subtype
Residential Income
Bedrooms
8
Bathrooms
1
Full Baths
8
Living Area
4,000
Lot Size
7,000
Acres
0.16
MLS Area Major
San Diego Central

Property Description

This is a unique opportunity to own eight extensively renovated 500sf 1 Bed 1 Bath units in the premier North Park neighborhood of San Diego CA. Units are fully appointed with in-unit washer dryer, 2 zone mini-split ac units, vinyl plank floors, recessed lighting, ceiling fans, modern kitchen and bathroom finishes. Tenants enjoy Private balcony/patio space and dedicated onsite parking for each unit. The site is gated with a code lock. The building is all electric and has upgraded electrical subpanels. The building was constructed in 1977 and Renovated in 2020. Lot size is 6,974. Improved Space: 3,906 per title. Site offers desirable high density RM-3-9 Zoning (allows 1 dwelling per 600sf) which could open construction opportunity in the rear lot space. Up to 100% density bonus is allowed with deed-restricted units. Site is within Complete Communities FAR Tier 3 (6.5 FAR) and within Mobility Zone 2. These favorable zoning designations allow for increased density, waivers for development impact fees, and reduced parking requirements. This is an opportunity to entitle functional space while maintaining units for cash-flow.

Additional Information

Zoning
RM-3-9
Flooring
Slab
Heating
Wall Unit(s)
Air Conditioning
Window/Wall
Stories
2
Levels
Two
Roof
Tar/Gravel
Parking Features
Parking Spaces

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Calculator source: Real Geeks

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