436569 37th St 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 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!