2420 UNIVERSITY AVE., San Diego, CA 92104 | 190040468 | Willis Allen Real Estate

2420 UNIVERSITY AVE. $850,000

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    2420 UNIVERSITY AVE. San Diego, CA 92104

    Closed
    SOLD 11/1/2019

    $850,000

    Market Estimate
    • 0.09 Acres
    • Commercial Lease
    • MLS# 190040468
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    Property Details

    Wow! Single story office building in the heart of transforming hot, hip North Park. Just a few blocks from 30th and University! This property was an owner user answering service for many years and is zoned CN (commercial neighborhood) 1-5. With development potential and the great density of 1 dwelling unit for each 600 sf of lot area and a FAR bonus for mixed use development of 1.2 ! Plus Transit area bonus for reduced parking space requirement and additional potential FAR bonus of 1.0 for underground parking if possible. And too it's in an Opportunity Zone qualifying for special capital gains incentives if investment is through a qualified opportunity fund.

    Neighborhood

    92104 (San Diego) Demographics

    34 Median Age
    12,097 Population Density (per sq. mile)
    54% College Educated
    $52,029 Estimated Median Income
    6,144 Estimated Total Home Owners
    15,003 Estimated Total Renters
    29% / 71% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    45,788 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $521,500 Median Sales Price
    36 Homes Sold
    77 New On Market

    Average Days on Market

      Properties for Sale

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        Property History

        Date Event Price Percent Change
        -- New in Database Source
        11/1/2019 12:00:00 AM Sold Source New Value: $850,000
        Based on information from California Regional Multiple Listing Service, Inc. as of 7/7/2020 5:23:55 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.