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Image 1 - 4440-44 Illinois, San Diego, California, 92116 - House for sale
Image 2 - 4440-44 Illinois, San Diego, California, 92116 - House for sale
Image 3 - 4440-44 Illinois, San Diego, California, 92116 - House for sale
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Image 5 - 4440-44 Illinois, San Diego, California, 92116 - House for sale
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- Illinois, San Diego, Home For Sale
4440-44 Illinois, San Diego, California, 92116

- Illinois, San Diego, Home For Sale

house for sale
Listed: 06/27/24

4440-44 Illinois, San Diego, California, 92116

7 Bed:
3 Bath:
2,770 Sq Ft Living Area:
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Price
$ 2,2M

About This House

A developers dream! Multiple value add opportunities and strong existing income ($9, 445 monthly gross income)! This site presents an increasingly rare urban infill opportunity to purchase a7, 018 SFlot, with (3) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. This property sits within the complete communities area and has a FAR of 6.5. The maximum buildable square feet is45, 617subject to official approval to allow a complete communities project at this site. Alternatively and due to being fully remodeled, the existing units attract phenomenal renters in the asset's existing condition. The property is gated from the alley and tenants have the option to close the gate on Illinois for additional privacy. It is turfed with pavers throughout and laundry on site in the back.

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Normal Heights Housing & Living

Household Income

Median household income: $79,646
Number of households: 513,698
The average household income in San Diego, CA grew from $76,662 to $79,646 in the past year. This data is an estimate based upon 513,698 households in San Diego, CA.
The chart below presents how household income is distributed in San Diego, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in San Diego, CA compared to median property taxes around the country. The prevalent amount of property taxes in San Diego, CA equals $3k+ , which is more than the national average.