3128 El Cajon Boulevard, San Diego, California 92104, San Diego, 92104 - 2 bed, 1 bath
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San Diego, California 92104
This property presents a High-Potential Investment Opportunity with a List Price of $1,195,000—positioned above the $1,083,107 Fair Market Value. While currently utilized as office space with a Condition Rating of 6, the site features CC-3-9 Zoning and Complete Communities Tier 3 eligibility with a 6.5 FAR, offering significant redevelopment potential. The parcel’s status as a Transit Priority Area maximizes land utility for high-density mixed-use projects. This is a strategic acquisition ideal for Commercial Developers or Buy-and-Hold Investors focused on long-term entitlement value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3128 El Cajon Boulevard Subject | $1,195,000* List Price | 2 | 1 | 1,497 | $724 | - |
A 3594 31st St Sold | $900,000 | 2 | 1 | 1,255 | $717 | 0.8 mi |
B 3576 Herman Ave Sold | $1,340,000 | 3 | 2 | 1,691 | $792 | 0.9 mi |
C 3711 29th St Sold | $1,010,000 | 2 | 2 | 1,342 | $753 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1950 and over 70 years old with no residential renovations, the property lacks essential living facilities such as a shower and oven. The listing is explicitly marketed for its land value and high-density redevelopment potential.
Elementary School: McKinley Elementary School (9/10).
The property boasts CC-3-9 zoning and Complete Communities Tier 3 eligibility with a 6.5 FAR, offering one of the highest-density mixed-use redevelopment opportunities in North Park.
Situated in a Transit Priority Area and Mobility Zone 2, the site benefits from significant density bonuses and favorable entitlements that maximize land utility and value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1497, other record living area = 1341.
The structure currently lacks a shower and an oven, meaning it cannot function as a traditional residence without significant immediate renovation or total redevelopment.
The property features slopes designated at 25%+ and sits within the SDIA Airport Influence Area, which may introduce additional engineering costs and permitting complexities during construction.
Welcome to one of the highest-density mixed-use development entitlements in North Park. This parcel is in the CC-3-9 zone on El Cajon Boulevard, with Complete Communities Housing Solutions Tier 3 eligibility at 6.5 FAR, plus Transit Area Overlay Zone, Transit Priority Area, and Mobility Zone 2 status. Two merged subdivision lots under one APN give it the scale many corridor sites lack. The attached feasibility study is a listing-stage analysis to support an informed valuation decision. Modeled are three development paths: a low-capital single-ADU activation, a mid-capital small mixed use stack under base CC-3-9 zoning, and a full CCHS Tier 3 mixed-use redevelopment. The analysis considers the El Cajon Boulevard Gateway Improvement District, SDIA Airport Influence Area Review Area 2, Moderate Paleontological Sensitivity, slopes 25%+ designation, no Coastal Overlay or Coastal Height Limit constraint. Together, these conditions create three clear legal development pathways under current 2026 City of San Diego entitlements. Office previously rented for $4,500/mo. Use for rental or construction trailer to build. Feasibility study in documents for review. The property is currently being utilized as office space and does not contain a shower or oven.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,497 | 1,777 |
| Lot Size | 5,249 | 6,600 |
| Price | $1.20M | $1.24M |
| Price per sq ft | $798 | $743 |
| Built year | 1950 | 1972 |
| HOA | $0 | $200 |
| Days on market | 36 | 39 |
Jun 16, 2026
$1,195,000
Initial Listing
Jan 23, 2001
$68,000
Public Record
Jun 21, 2000
$20,000
Public Record