Listed by Zakkout Real Estate Services, Aziz Zakkout, Listing Contact: 858-859-9737

8 Beds

1 Bath

4,000 sqft

$3,125,000

3968 Alabama Street, San Diego CA, 92104

Price per sqft$781.25

Property size4,000 sqft

Property typeMulti-family

Overview

Sold

Listed Feb 4, 2026

Updated Aug 11

This is a unique opportunity to own eight extensively renovated 500sf 1 Bed 1 Bath units in the premier North Park neighborhood of San Diego CA. Units are fully appointed with in-unit washer dryer, 2 zone mini-split ac units, vinyl plank floors, recessed lighting, ceiling fans, modern kitchen and bathroom finishes. Tenants enjoy Private balcony/patio space and dedicated onsite parking for each unit. The site is gated with a code lock. The building is all electric and has upgraded electrical subpanels. The building was constructed in 1977 and Renovated in 2020. Lot size is 6,974. Improved Space: 3,906 per title. Site offers desirable high density RM-3-9 Zoning (allows 1 dwelling per 600sf) which could open construction opportunity in the rear lot space. Up to 100% density bonus is allowed with deed-restricted units. Site is within Complete Communities FAR Tier 3 (6.5 FAR) and within Mobility Zone 2. These favorable zoning designations allow for increased density, waivers for development impact fees, and reduced parking requirements. This is an opportunity to entitle functional space while maintaining units for cash-flow.

Additional information

MLS^® ID: 260002705

Interior Features

Bedrooms: 8
Bathrooms: 1
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.16 Acres

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Data last updated 5:04 AM UTC, 8/11/2026

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