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$1,095,000

Est. payment - /mo

6 Beds

5.5 Baths

Price Dropped by $65K

330 Willie James Jones Ave San Deigo, CA 92102

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Patty Doyle

pattydoylesellssandiego@gmail.com +1(619) 886-0321

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 250024255

Bedrooms 6

Half Baths 1

Year Built 1940

Lot Dimensions 71x148x78x125

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the heart of Lincoln Park, 6BD 4.5BA versatile duplex offers significant development potential just minutes from downtown San Diego and major highways. The property features a 5-bedroom, 3-bathroom unit and a separate 1-bedroom, 1.5-bathroom apartment, providing immediate rental income and tenant flexibility. Zoned for up to 65 buildable units and included in the Complete Communities Tier 3 program, this lot presents a rare opportunity for investors to capitalize on San Diego's growing housing demand. This ±10,471 SF development site in Lincoln Park offers a prime investment opportunity with a current income of $3,850 per month from an existing duplex while being ideally positioned for substantial future growth. Zoned RM-3-7 and included in the Complete Communities Tier 3 program with a 6.5x FAR, the property allows for up to 65 buildable units totaling 68,061 SF. Lot dimensions are 71' x 150' with efficient setbacks of 10' (front) and 5' (rear), and a height limit of 40 ft or up to 7 stories. Located within an Opportunity Zone, it offers tax benefits and is designated in a “Sustainable Development Area,” making it attractive for high-density, eco-friendly projects. With easy access to I-805 and SR-94 and a current CAP rate of 2.79%, this site stands out as a compelling investment in a rapidly evolving neighborhood. ***

Location

State CA

County San Diego

Community Bbq, Laundry Facilities, Recreation Area

Area Metro Central

Zoning RM-4 CCHS3

Direction I-805 South to Imperial Ave. Head East on Imperial Ave, Left on Willie James Jones Ave. Property is located end of the cul-de-sa

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Exterior

Fence Full

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc Meter on Property

View Evening Lights

Roof Type Concrete

Building

Water Meter on Property

Schools

School District San Diego Unified School Distric

Others

Tax ID 548-130-25-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/250024255

Listed by Alexander Ciullo Pacific Sotheby's Int'l Realty

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Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

330 Willie James Jones Ave San Deigo, CA 92102

Patty Doyle

Key Details

Location

Interior

Exterior

Building

Schools

Others

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330 Willie James Jones Ave