Property Detail

Description

Newmark is pleased to present 4454 Ohio Street, a ±4,215 square foot infill lot in North Park, just north of El Cajon Boulevard. The site is offered with approved plans for nine units, made up of eight two bedroom, two bath units and one one bedroom, one bath unit, averaging 676 square feet. The lot is being offered as an REO sale and all offers are encouraged. The base zoning is RM-3-9, which supports roughly seven units on its own. The site also sits within the Complete Communities Housing Solutions area, which allows up to a 6.5 FAR (approximately 27,400 buildable square feet) with no parking requirement. A buyer can build the approved plans as drawn or process their own entitlements under Complete Communities for a meaningfully larger project. The Rapid 215 line on El Cajon Boulevard and strong renter demand across North Park and University Heights support either path, and two bedroom units remain undersupplied in this submarket. The current owner did not process the entitlements. Buyers are responsible for their own due diligence, including the status, approving program, and expiration of the existing plans, any affordability obligations, fees, and utility capacity. Contact listing broker for OM, plan set, and additional information.