Properties

San Diego, CA 92104 3968 Alabama Street

Pending
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Presented By: Aziz Zakkout with Zakkout Real Estate Services;
  • MLS# 260002705SD
  • 01/18/2026
  • Get pre-approved
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Home Details

This is a unique opportunity to own eight extensively renovated 500sf 1 Bed 1 Bath units in the premier North Park neighborhood of San Diego CA. Units are fully appointed with in-unit washer dryer, 2 zone mini-split ac units, vinyl plank floors, recessed lighting, ceiling fans, modern kitchen and bathroom finishes. Tenants enjoy Private balcony/patio space and dedicated onsite parking for each unit. The site is gated with a code lock. The building is all electric and has upgraded electrical subpanels. The building was constructed in 1977 and Renovated in 2020. Lot size is 6,974. Improved Space: 3,906 per title. Site offers desirable high density RM-3-9 Zoning (allows 1 dwelling per 600sf) which could open construction opportunity in the rear lot space. Up to 100% density bonus is allowed with deed-restricted units. Site is within Complete Communities FAR Tier 3 (6.5 FAR) and within Mobility Zone 2. These favorable zoning designations allow for increased density, waivers for development impact fees, and reduced parking requirements. This is an opportunity to entitle functional space while maintaining units for cash-flow.
Presented By: Aziz Zakkout with Zakkout Real Estate Services;

Interior Features for 3968 Alabama Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes

General for 3968 Alabama Street

Cap Rate4.5
CitySan Diego
Construction MaterialsDrywall, Frame, Stucco
CoolingWall/Window Unit(s)
CountySan Diego
HOA Fee$
HeatingWall Furnace
Listing TermsCash, Cash to New Loan
Lot Size Square Feet7000
Lot Size UnitsSquare Feet
MLS Area92104 - North Park
Number Of Units Total8
Operating Expense38752
PostalCitySAN DIEGO
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofTar/Gravel
Standard StatusPending
StatusPending
Virtual TourClick here
ZoningRM-3-9

Exterior for 3968 Alabama Street

Lot Dimensions50X140
Lot Size Acres0.1607
Lot Size Area7000
Number of Buildings1
Total Parking8

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,300,000
MLS#260002705SD
List Date 01/18/2026
Property Type Commercial
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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