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**DEVELOPMENT OPPORTUNITY**Positioned in the heart of San Diego’s highly desirable College Area, this property presents an exceptional opportunity for developers seeking density, flexibility, and long-term upside under the City of San Diego’s Complete Communities Housing Solutions program. The site is zoned RM 3–7 (Tier 2), allowing for the development of a multifamily apartment project with enhanced density potential. The lot features standard dimensions of approximately 50 feet of frontage by 127 feet of depth, offering an efficient and developer-friendly footprint for new construction. Currently improved with a 2-bedroom, 1-bath single-family residence, the property provides a clear path for redevelopment into a modern multifamily project designed to meet San Diego’s growing housing demand. Importantly, the property is located within a designated census tract that may qualify for low-income housing incentives and funding programs, creating a compelling opportunity for developers pursuing affordable or workforce housing. This added layer of potential financing support can significantly enhance project feasibility and returns. Located near major transit corridors, employment centers, San Diego State University, and neighborhood-serving amenities, the site aligns perfectly with the goals of Complete Communities—promoting smart growth, housing accessibility, and long-term value.
| Address |
4862 70th Street
San Diego, CA 92115 |
| Listing Status | Active |
| Asking Price | $0 - $749,000 |
| Original Listing | $749,000 @ 2026-01-19 |
| Square Footage | 882 sf |
| Bedrooms | 2 |
| Full Bathrooms | 1 |
| Directions | Cross Street: Amherst. |
| Market Area | 92115 - San Diego |
| Neighborhood | College |
| Complex | San Diego |
| School District | Not Listed |
| Age Restriction | 0 |
| Property Type | |
| Mello-Roos Fee | $0 |
| HOA Fee | $0 |
| County | San Diego |
| Assessor Parcel# | 4682820500 |
| Geographic Areas |
Airport Compatibility Zone: Montgomery Field Community College District: San Diego CC |
| Highway Locator |
East of I-15 East of I-5 South of I-8 East of I-805 East of SR-163 South of SR-52 |
| Ocean Distance | 9.7 miles |
| Style | Single Family Residence |
| Material | Not Listed |
| Lot Size | ~ 6,392 sf |
| Fencing | Not Listed |
| Topography | Not Listed |
| Roof | Rolled/Hot Mop |
| Swimming Pool | None |
| Parking |
Driveway
Total Spaces: 2
Garage Spaces: 1
Non-Garage Spaces:
0 -
1.00
|
| View | Not Listed |
| Year Built | 1950 |
| Laundry Location | Electric Dryer Hookup,Washer Hookup,In Garage |
| Elevator | Not Listed |
| Cooling | None |
| Heating | Natural Gas |
| Fireplaces | Not Listed (0) |
| Platform | CRMLS |
| AOR | San Diego |
| MLS Number | 260001396SD |
| Courtesy of | The Kurniadi Group |
| Listing Agent | David Kurniadi |
https://www.carmelvalleysandiegohomes.com/260001396SD