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FIXER UPPER! CASH ONLY Development Opportunity nestled in one of San Diego's most sought-after neighborhoods, this property offers an unbeatable location with close proximity to parks, top-rated restaurants, local shops, and major transit routes making it highly desirable for both homeowners and future tenants alike. Positioned within a Transit Priority Area (TPA), Complete Communities Plan area, and a Sustainable Development Area, this property benefits from some of the City's most progressive planning overlays aimed at increasing housing supply and encouraging smart, transit-oriented growth. Combined with the RM-3-9 zoning, this creates a powerful opportunity for investors and developers to unlock additional density and maximize the site's full potential. Whether you're envisioning a **modern multi-unit development, income-producing rental units, or a strategic value-add renovation**, the flexibility here is real. These designations are specifically intended to support higher-density housing, and walkability, making this an ideal long-term hold or redevelopment play in a growth-focused corridor. With strong rental demand, continued urban infill, and limited opportunities in high-demand areas like this, properties with this combination of zoning and overlays are becoming increasingly rare. This is more than just a property, it's a scalable investment aligned with the future of San Diego development. Don't miss your chance to capitalize on the upside. Buyer to verify all zoning, development standards, density allowances, and applicable incentives with the City of San Diego.
Property Type(s):
Single Family
| Last Updated | 4/16/2026 | Tract | University Heights |
|---|---|---|---|
| Year Built | 1928 | Community | 92116 - Normal Heights |
| Garage Spaces | 1.0 | County | San Diego |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Gas Range |
| AREA | 92116 - Normal Heights |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Natural Gas |
| LOT | 1664 sq ft |
| LOT DIMENSIONS | 1663 |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | University Heights |
| WATER | Public |
Location
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Listed with eXp Realty of Southern California, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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