
4220 40th Street
DSan Diego, CA 92105
Beds
—
Baths
—
Sqft
1,512
Year Built
1926
Days on Market
120
Property Type
Multi-Family
HOA/mo
N/A
MLS ID
PTP2600567
This property is in San Diego (92105). View neighborhood stats →
About This Property
Three adjacent commercial/residential lots offered at $1.1M 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
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Est. Monthly Payment
$6,983
Location
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Comparable Properties
5 comps foundThis Property
$3,591
Comp Average
$3,533
5474 Streamview Dr
4bd / 2ba · 1,116 sqft · Single Family
$700K
Est. $3,906/mo
2437 Laurie
3bd / 1ba · 972 sqft · Single Family
$699K
Est. $3,771/mo
4096 Union Square Lane
3bd / 2.5ba · 1,494 sqft · Townhouse
$675K
Est. $3,918/mo
2531 Ridge View
2bd / 1ba · 816 sqft · Single Family
$675K
Est. $3,160/mo
5934 Dwight
2bd / 1ba · 780 sqft · Single Family
$700K
Est. $2,911/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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