4365 69 37th Street San Diego, CA 92105

Located in the highly sought-after neighborhood of Normal Heights, this three-unit multi-family property offers incredible potential for both rental income and future development. Perfectly situated within the SDA, Complete Communities, and TPA zones, this property is zoned RM2-5 & is poised for significant appreciation and flexibility, with the added benefit of a FAR of 6.5—allowing for the possibility to build over 40,000 sq. ft. of living space. Property Features: Front Home: A beautifully updated 3-bedroom, 2-bathroom home featuring a spacious open living area, a walk-in closet in the primary bedroom, and a large custom shower for ultimate relaxation. See supp... Two Rear Apartments: A two-story building with two 2-bedroom, 1-bathroom apartments—ideal for rental income. While these units could use a remodel, they present an excellent opportunity to increase value and return on investment. Two-Car Garage: Conveniently attached to the front home, providing additional storage, a laundry area and parking. Direct Alley Access: For ease of access to the rear apartments, with plenty of potential for further development. Motorized Driveway Gate: Enhances privacy, security, and peace of mind. Central Deck/Patio Area: Perfect for outdoor gatherings, relaxation, or enjoying the San Diego weather. Whether you're a family looking for multigenerational living, or an investor seeking rental income or exploring the vast redevelopment potential, this property offers a wealth of possibilities. With the ability to expand and build, combined with a solid foundation for the existing income, it's an incredible opportunity in a rapidly growing area. Schedule a tour today to see the potential for yourself!