Exceptional value-add and redevelopment opportunity in the heart of North Park. The property is currently a 4-unit property situated on a 7,000 SF lot. Zoned RM-3-9 with approximately 600 SF per unit density, 2.7 FAR, and up to 60 feet of height, and located within both TPA and SDA overlay zones, the site offers significant multifamily development potential. Investors can pursue a near-term value-add strategy by updating units to achieve market-rate rents, with longer-term upside through expansion or higher-density redevelopment. With limited infill land available and ongoing demand for well-located multifamily housing, North Park continues to experience strong rent growth and long-term appreciation. This asset offers investors a flexible strategy to capture near-term cash flow while positioning for future redevelopment in a high-barrier-to-entry market.
MLS #
SD260006178
MLS Source
San Diego MLS
Days on Site
10
Cooling
Other
Roof
Other
Zoning
RM-3-9
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 2 | 1/0 | – |
| 2 | – | 1 | 1/0 | – |
| 3 | – | 1 | 1/0 | – |
| 4 | – | 1 | 1/0 | – |
3974-78 Kansas St is a Residential Income in San Diego, CA 92104. This – square foot property sits on a 6,999 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,699,000 and was built in 1930. This address can also be written as 3974-78 Kansas St, San Diego, CA 92104.
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This listing information is up-to-date as of March 18, 2026. For the most current information, please contact Daniel Sipher, (408) 368-5225