3724-30 Euclid

3724 and 3730 Euclid Ave is a two unit property with two detached houses on one 5,897 SF lot in City Heights, with alley access at the rear. The front house is a one bedroom, one bath of approximately
400 SF built in 1950, and the rear house is a two bedroom, one bath of approximately 1,035 SF built in 1924. Between them is a cluster of older accessory space, described in county assessor records as a converted garage with a sleeping room and enclosed patio area, used for years as a music room. Permit status on the additions has not been established and should be verified with the City. Both houses are vacant and need full renovation or removal, and the property is offered as is.

The lot is zoned CUPD-CU-1-2 with a 24 foot height limit and 0.6 base FAR, which keeps both renovation and longer term redevelopment on the table. Preliminary research indicates two residential units plus two ADUs may be possible by right, or a mixed use building, and a buyer who keeps the houses likely has room for
at least one ADU on the north side of the lot. The lot is in a federal Opportunity Zone and a Transit Area Overlay Zone with reduced parking requirements.

City Heights is a central San Diego infill market with a mix of multifamily housing, neighborhood retail, and commercial uses along corridors including University Avenue and Euclid Avenue, with access to I-805, SR-15, and SR-94 and established transit nearby. Demand for attainable rental housing and the City's emphasis on
transit oriented infill supports long term appeal to investors and developers.