South Coast Commercial is proud to present 3968-3974 Oregon Street, a well-situated 4-unit investment property in the heart of North Park, San Diego. The property consists of 2,834 livable square feet on a 7,000 square foot lot and features (2) detached 2-bedroom/1-bath SFRs, (1) extra-large 2-bed/1-bath apartment, (1) studio apartment, and (3) single-car garages.

A new owner has significant upside to increase value either by converting the existing garages into ADUs or by beginning a new ground-up development as allowed by right. The site (zoned RM3-9) falls under the Complete Communities 6.5 FAR designation and Transit Priority Area, offering advantageous investment economics for developers. The property has already received historical clearance for demolition and has preliminary plans and designs for 36 units with on-site podium parking.