4338 33 rd Place, San Diego, CA 92104

Property Description

PRICE IMPROVEMENT! A rare investment and development opportunity positioned between North Park and Normal Heights, offering immediate livability with significant future potential. Set on an expansive lot, this move-in-ready 2-bedroom, 1-bath bungalow gives the next owner the opportunity to enjoy or utilize the property today while planning for what it could become. The existing home features vaulted ceilings, engineered hardwood flooring, an updated kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, and a private backyard with plenty of space to relax or entertain. What sets this property apart is the opportunity beyond the existing home. Two completed development plan options are available, including a design featuring a detached 1,200 sq. ft. ADU with an attached two-car garage plus a 500 sq. ft. JADU, creating exciting possibilities for future expansion, additional living space, or potential rental income, subject to applicable approvals. Located minutes from North Park’s acclaimed restaurants, breweries, coffee shops, boutiques, Balboa Park, Downtown San Diego, and major freeways, this is an opportunity to secure a property in one of San Diego’s most sought-after urban neighborhoods with the flexibility to maximize its potential over time.