FIXER UPPER! CASH ONLY Development Opportunity nestled in one of San Diego’s most sought-after neighborhoods, this property offers an unbeatable location with close proximity to parks, top-rated restaurants, local shops, and major transit routes making it highly desirable for both homeowners and future tenants alike. Positioned within a Transit Priority Area (TPA), Complete Communities Plan area, and a Sustainable Development Area, this property benefits from some of the City’s most progressive planning overlays aimed at increasing housing supply and encouraging smart, transit-oriented growth. Combined with the RM-3-9 zoning, this creates a powerful opportunity for investors and developers to unlock additional density and maximize the site’s full potential. Whether you’re envisioning a **modern multi-unit development, income-producing rental units, or a strategic value-add renovation**, the flexibility here is real. These designations are specifically intended to support higher-density housing, and walkability, making this an ideal long-term hold or redevelopment play in a growth-focused corridor. With strong rental demand, continued urban infill, and limited opportunities in high-demand areas like this, properties with this combination of zoning and overlays are becoming increasingly rare. This is more than just a property, it’s a scalable investment aligned with the future of San Diego development. Don’t miss your chance to capitalize on the upside. Buyer to verify all zoning, development standards, density allowances, and applicable incentives with the City of San Diego.
Property Details
Price:
$639,999
MLS #:
260009146SD
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
University Heights
Neighborhood:
92116normalheights
Listed Date:
Apr 16, 2026
Finished Sq Ft:
660
Lot Size:
1,663 sqft / 0.04 acres (approx)
Year Built:
1928
See this Listing
Schools
Interior
Appliances
GO, GR
Bathrooms
1 Full Bathroom
Cooling
NO
Heating
GAS
Laundry Features
GE, IG, SEE
Levels
A
Exterior
Construction Materials
WOD
Fencing
VNL
Garage Spaces
1
Parking Spots
1
Parking Total
1
Roof
SHN
Financial
Map
Community
- Address4531 Ohio St San Diego CA
- SubdivisionUniversity Heights
- CitySan Diego
- CountySan Diego
- Zip Code92116
Subdivisions in San Diego
- Bay Park
- BP
- Campo
- Carmel Mountain Ranch
- Carmel Valley
- CAV
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- Clifton Heights CLFH
- COL
- College Grove
- Coronado Shores
- Coronado Village
- Crown Point
- Del Cerro
- Del Mar
- Downtown
- Downtown DT
- DWTN
- East Del Mar
- East Escondido
- East San Diego
- El Cajon
- Emerald Hills EMER
- Encanto
- ENCTO
- ESD
- Hampton Place HAMP
- HI
- High Country 780
- Hillcrest
- Horizon HORZ
- Imperial Beach
- Kearny Mesa
- Kensington
- Knightsbridge KBRG
- La Jolla
- La Mesa
- Lemon Grove
- Linda Vista
- Logan Heights
- LV
- MB
- Middletown
- Mira Mesa
- Mirador MIRD
- Mission Beach
- Mission Greens R1 MG
- Mission Hills
- Mission Valley
- Mission Village
- MV
- National City
- Normal Heights
- North Park
- NP
- OB
- Ocean Beach
- Ocean View Terrace OVTR
- Old Town
- Pacific Beach
- PalaciMaPD
- Paradise Hills
- PH
- Point Loma
- Poway
- Presidio PRES
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- RB
- Regency Villas RGVL
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- Scripps Ranch
- SD
- Serra Mesa
- Solana Beach
- South Sd
- Spring Valley
- Stonecrest 892
- Talmadge
- The Heights
- TheBluffs2
- Tierrasanta
- Torrey Highlands
- Trails of Rancho Bernardo
- UC
- University City
- University Heights
Market Summary
Current real estate data for Single Family in San Diego as of Apr 23, 2026
2,440
Single Family Listed
69
Avg DOM
569
Avg $ / SqFt
$1,223,128
Avg List Price
Property Summary
- Located in the University Heights subdivision, 4531 Ohio St San Diego CA is a Single Family for sale in San Diego, CA, 92116. It is listed for $639,999 and features 2 beds, 1 baths, and has approximately 660 square feet of living space, and was originally constructed in 1928. The current price per square foot is $970. The average price per square foot for Single Family listings in San Diego is $569. The average listing price for Single Family in San Diego is $1,223,128. To schedule a showing of MLS#260009146sd at 4531 Ohio St in San Diego, CA, contact your Pacific Sotheby’s International Realty agent at 6193633000.
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4531 Ohio St
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