For Sale at San Diego: 4862 70th Street, San Diego, CA 92115. 2-bedroom 1-bath, 882 sf, 1950 College $0 - $749,000 begin new search
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Overview

**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
Rooms
Kitchen, Living Room, Laundry
Square Footage 882 sf
Bedrooms 2
Full Bathrooms 1
Location
Directions Cross Street: Amherst.
Market Area 92115 - San Diego
Neighborhood College
Complex San Diego
School District Not Listed
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee $0
HOA Fee $0
Public Records
County San Diego
Assessor Parcel# 4682820500
Geographic Areas

Airport Compatibility Zone: Montgomery Field

Community College District: San Diego CC

School District: San Diego Unified

Zip Code: 92115

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
Exterior
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
Features
Year Built 1950
Laundry Location Electric Dryer Hookup,Washer Hookup,In Garage
Elevator Not Listed
Cooling None
Heating Natural Gas
Fireplaces Not Listed (0)
Monthly Payment Calculator
Property Tax estimate of 1% of listing price does not include local voter-approved bonds/assessments, supplemental taxes for new construction or ownership changes, extra local fees, etc.
Listing Source
Platform CRMLS
AOR San Diego
MLS Number 260001396SD
Courtesy of The Kurniadi Group
Listing Agent David Kurniadi