4210 40 Th Street, San Diego, California 92105, San Diego, 92105 - 3 bed, 1 bath
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San Diego, California 92105
This High-Density Development Asset represents a High-Potential Investment Opportunity with a List Price of $1,100,000, reflecting the stability of its $1,081,759 Fair Market Value. With a Condition Rating of 6, the primary value is found in the Complete Communities Tier 3 Zoning and an expansive 6.5 FAR, allowing for significant multifamily density. Situated in a Transit Priority Area with zero parking mandates and proximity to McKinley Elementary School, the site is primed for a mid-rise infill project. This is an elite acquisition for Real Estate Developers or Infill Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4210 40 Th Street Subject | $1,100,000* List Price | 3 | 1 | 1,128 | $959 | - |
A 4226 40th Street Active | $1,100,000 List Price | 3 | 1 | 1,194 | $921 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1925 (>50 years old) with no evidence of recent renovations. The listing is explicitly marketed for its land value and high-density development potential (6.5 FAR zoning), targeting investors for mid-rise infill housing rather than residential occupancy.
Elementary School: McKinley Elementary School (9/10).
The property is situated in a Complete Communities Housing Solutions (CCHS) Tier 3 zone with a generous 6.5 FAR, allowing for high-density multifamily or mixed-use projects.
Located within a Transit Priority Area (TPA), the site benefits from reduced or zero parking requirements, significantly lowering construction costs and maximizing buildable area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4791, other record lot size in square feet = 4965.
The $1.1M price point for a single lot requires a developer with the capital and expertise to fully utilize the high-density zoning to ensure a profitable ROI.
Built in 1925, the current residential structure likely represents a teardown or requires extensive modernization, adding to the initial project overhead.
Three adjacent commercial/residential lots offered at $1.1M each. Properties are located at 4210 40th St, 4220–4222 40th St, and 4226 40th St. Rare opportunity with close proximity to public transportation. Ideal for investors and developers. Properties may be purchased together or individually. Parcels are located in a Complete Communities Housing Solutions (CCHS) Tier 3 zone with an extremely generous 6.5 FAR allowance. This high-capacity zoning allows a developer to build up to 6.5x the lot size, enabling significant multifamily or mixed-use potential. The site is also within a Transit Priority Area (TPA) and Parking Standards Transit Priority Area (PSTPA), allowing reduced or zero parking requirements. Zoning is CUPD-CU-2-4, supporting residential, mixed-use, and commercial uses. All parcels appear in the City’s Adequate Sites Inventory (ASI), confirming suitability for housing development. No flood, fire, coastal, or historic constraints. Located within the El Cajon Boulevard Business Improvement District with excellent transit access. Ideal for mid-rise infill housing or mixed-use development. Zoning and land-use details obtained from the City of San Diego’s official Zoning and Parcel Information Portal (ZAPP) via www.sandiego.gov.. BUYERS TO INVESTIGATE ANY AND ALL ZONING REGULATIONS THEMSELVES. SELLERS AND AGENTS ARE NOT EXPERTS IN ZONING
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,128 | - |
| Lot Size | 4,791.6 | - |
| Price | $1.10M | $1.25M |
| Price per sq ft | $975 | $831 |
| Built year | 1925 | 0 |
| HOA | $0 | $0 |
| Days on market | 182 | 48 |
Apr 30, 2026
$1,100,000
$1,200,000
-8% Price Drop
Initial Listing
Jan 21, 2026
$1,200,000
Initial Listing
Jan 17, 1997
$36,000
Public Record