4714 16 Arizona St
San Diego, CA 92116
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1950 build
- – on site
Fully occupied and income-producing, the Arizona Street parcels at 4712 & 4714–16 Arizona St offer a rare 23,000 SF development opportunity in the heart of University Heights. This double-lot site presents a compelling blend of stable in-place income and long-term redevelopment potential in one of San Diego’s most desirable infill neighborhoods. The property currently generates $8,125/month from a remodeled single-family home and a well-maintained duplex. Much of the site is dedicated to surface parking, creating a clear path for higher-density residential development. Plans have been submitted to the City of San Diego for 18 two-story ADU townhome units (nine duplex-style buildings), streamlining the path for a buyer to execute on a shovel-ready strategy—or adapt the site for their own vision. Located within a Transit Priority Area and zoned RM-1-1, the site benefits from reduced parking requirements and enhanced density options. This site is available individually or as part of a larger 3.14-acre portfolio when combined with the adjacent 2436 Adams Avenue property, which features an additional 16 entitled units. Together, the assemblage offers 34 proposed units across three prime parcels. Whether acquired separately or as part of a larger play, this is a standout opportunity for developers and investors seeking immediate income with entitlement upside in central San Diego.
Last checked:
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Last updated Jul 18, 2025
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MLS# 250033791SD —
The Building
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Year Built:1950
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Total Number Of Units:3
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# of Buildings:2
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Roof:Composition
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Stories Total:1
Interior
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Levels:One
Location
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Directions:CrossStreet: Arizona St
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Latitude:32.76329599
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Longitude:-117.13749516
The Property
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Property Type:Residential Income
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Zoning:RM1-1
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Lot Size Area:23739.0000
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Lot Size Acres:0.5450
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Lot Size SqFt:23739.00
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Lot Size Source:Assessor
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Fencing:Partial
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Fence:Yes
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:2 APN Offer
Heating & Cooling
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Heating:1
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
The Community
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Subdivision:University Heights
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Subdivision:University Heights
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Neighborhood:University Heights
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Park Name:NA
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Senior Community:No
Extra Units
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Number With Dishwasher:3
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Number With Refrigerator:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/17/25
Jul 17, 2025
|
Listed / Active | CRMLS_CA | $3,250,000 |
