3128 El Cajon Boulevard
CSan Diego, CA 92104
Beds
2
Baths
0.5
Sqft
1,497
Year Built
1950
Days on Market
3
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2605789
This property is in San Diego (92104). View neighborhood stats →
About This Property
Welcome to one of the highest-density mixed-use development entitlements in North Park. This parcel is in the CC-3-9 zone on El Cajon Boulevard, with Complete Communities Housing Solutions Tier 3 eligibility at 6.5 FAR, plus Transit Area Overlay Zone, Transit Priority Area, and Mobility Zone 2 status. Two merged subdivision lots under one APN give it the scale many corridor sites lack. The attached feasibility study is a listing-stage analysis to support an informed valuation decision. Modeled are three development paths: a low-capital single-ADU activation, a mid-capital small mixed use stack under base CC-3-9 zoning, and a full CCHS Tier 3 mixed-use redevelopment. The analysis considers the El Cajon Boulevard Gateway Improvement District, SDIA Airport Influence Area Review Area 2, Moderate Paleontological Sensitivity, slopes 25%+ designation, no Coastal Overlay or Coastal Height Limit constraint. Together, these conditions create three clear legal development pathways under current 2026 City of San Diego entitlements. Office previously rented for $4,500/mo. Use for rental or construction trailer to build. Feasibility study in documents for review. The property is currently being utilized as office space and does not contain a shower or oven.
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Est. Monthly Payment
$7,586
Location
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Comparable Properties
5 comps foundThis Property
$3,170
Comp Average
$3,528

2165 Haller
2bd / 2.5ba · 1,302 sqft · Townhouse
$739K
Est. $4,075/mo
4219 Felton
3bd / 2.5ba · 1,268 sqft · Townhouse
$795K
Est. $4,087/mo
3681 Texas St
2bd / 2ba · 957 sqft · Condo
$725K
Est. $3,465/mo
4187 Wilson Ave
2bd / 1ba · 616 sqft · Single Family
$740K
Est. $2,688/mo
3405 Florida St
2bd / 2ba · 1,198 sqft · Condo
$719K
Est. $3,325/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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