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4017 Swift Avenue, San Diego, CA 92104
$2,300,000
4017 Swift Avenue, San Diego, CA 92104View this property at 4017 Swift Avenue, San Diego, CA 92104
4017 Swift AvenueSan DiegoCA92104
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Property Description
The Swift Avenue properties present a fantastic opportunity to purchase two well located assets with existing cashflows and significant development potential. The lots reside in a Qualified Opportunity Zone, Transit Priority Area and fall within the Complete Communities Plan with an attractive 6.5 FAR. The sites are composed of two parcels totaling 13,011 SF of land with a 1,264 SF 2BR/2BA house on a 5,722 SF lot, and a contiguous 1,533 SF 3BR/1BA house with detached single car garage on a 7,289 SF lot. Multiple opportunities are available to develop the property. A recent yield study shows options from 37 to 56 apartment units with variations on mixed use amenities and parking. The adjacent lot is currently for sale and if purchased simultaneously could potentially yield up to 132 units, along a corner lot that fronts University Avenue. Any future project on these sites would be extremely well located in central San Diego with immediate access to both the 805 and 15 freeways, walking distance to the nearby elementary school and several retail establishments along University Avenue. Mid-City San Diego is gentrifying rapidly under the new Complete Communities plan zoning. This is an excellent opportunity for an investor/developer to get in on the ground floor as the area flourishes well into the future.
Full Property Details
Full Property Details for 4017 Swift Ave
General
- Sold For: $2,300,000
- Status: Closed
- Type: Single Family
- MLS ID: 230000735
- Added to Site: 471 day(s) ago
Interior
- Flooring: None Known
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 10 x 10
- Bedroom 2: 10 x 10
- Bedroom 3: 10 x 10
Other Rooms
- Living Room: 10 x 10
- Family Room: 10 x 10
- Kitchen: 10 x 10
- Dining Room: 10 x 10
- Laundry: None Known
Exterior
- Exclusive-use yard: Yes
Parking
- Total Spaces: 2
- Non-Garage Spaces: 2
- Non-Garage Desc.: Driveway - Asphalt
- Garage Description: None Known
Location
- Area: NORTH PARK (92104)
- County: San Diego
- Subdivision: San Diego
- Cross Streets: University and Swift
Heating & Cooling
- Heating Fuel: Other (See Remarks)
Utilities
- Sewer: Public Sewer
- Water: Meter on Property
Structural Information
- Exterior Const.: Other/Remarks
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,264
- Year Built: 1923
Lot Features
- Frontage: Other (See Remarks)
- Topography: Level
- Lot Description: Alley Access
Financial Considerations
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Prop. Restrictions: None Known
- Property ID: 447-390-13-00
Listed and Sold by South Coast Commercial, Inc.
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Schools
Schools serving 4017 Swift Ave
School District:San Diego Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4077 35th St, San Diego, CA 92104 | K-5 | 0.1 mi | |
3838 Orange Ave, San Diego, CA 92105 | 6-8 | 0.5 mi | |
4474 El Cajon Blvd, San Diego, CA 92115 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4017 Swift Ave
Date
Details
Price
Change
Source
11/06/2023
Sold
$2,300,000
131.8%
MLS
1/10/2023
Listed
$992,240
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4017 Swift Avenue, San Diego, CA 92104 (MLS# 230000735) is a Single Family property that was sold at $2,300,000 on November 06, 2023. Want to learn more about 4017 Swift Avenue? Do you have questions about finding other Single Family real estate for sale in City Heights? You can browse all City Heights real estate or contact a Coldwell Banker agent to request more information.