4220 40th Street
DSan Diego, CA 92105
Beds
—
Baths
—
Sqft
1,512
Year Built
1926
Days on Market
74
Property Type
Multi-Family
HOA/mo
N/A
MLS ID
PTP2600567
Description
Three adjacent commercial/residential lots offered at $1.2M each. Properties are located at 4210 40th St, 4220–4222 40th St, and 4226 40th St. Rare opportunity with close proximity to public transportation. Ideal for investors and developers. Properties may be purchased together or individually. Parcels are located in a Complete Communities Housing Solutions (CCHS) Tier 3 zone with an extremely generous 6.5 FAR allowance. This high-capacity zoning allows a developer to build up to 6.5x the lot size, enabling significant multifamily or mixed-use potential. The site is also within a Transit Priority Area (TPA) and Parking Standards Transit Priority Area (PSTPA), allowing reduced or zero parking requirements. Zoning is CUPD-CU-2-4, supporting residential, mixed-use, and commercial uses. All parcels appear in the City’s Adequate Sites Inventory (ASI), confirming suitability for housing development. No flood, fire, coastal, or historic constraints. Located within the El Cajon Boulevard Business Improvement District with excellent transit access. Ideal for mid-rise infill housing or mixed-use development. Zoning and land-use details obtained from the City of San Diego’s official Zoning and Parcel Information Portal (ZAPP) via www.sandiego.gov.. BUYERS TO INVESTIGATE ANY AND ALL ZONING REGULATIONS THEMSELVES. SELLERS AND AGENTS ARE NOT EXPERTS IN ZONING
Mortgage Calculator
Est. Monthly Payment
$7,618
Comparable Properties
5 comps foundThis Property
$3,369
Comp Average
$3,329
2460 56th St
4bd / 3ba · 2,610 sqft · Single Family
$749K
Est. $4,015/mo
4975 Loris Street
3bd / 2ba · 1,832 sqft · Single Family
$750K
Est. $3,537/mo
2530 44th
3bd / 2ba · 1,230 sqft · Single Family
$785K
Est. $3,537/mo
4788 Auburn Dr
2bd / 2ba · 1,209 sqft · Single Family
$725K
Est. $2,872/mo
3741 47th Street
2bd / 1ba · 924 sqft · Single Family
$749K
Est. $2,682/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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