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 #:
260009146
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subdivision:
UNIVERSITY HEIGHTS
Neighborhood:
metrouptown
Listed Date:
Apr 16, 2026
Finished Sq Ft:
660
Total Sq Ft:
660
Lot Size:
1,663 sqft / 0.04 acres (approx)
Year Built:
1928
See this Listing
Schools
Interior
Appliances
Other/Remarks, Gas Oven, Gas Range
Bathrooms
1 Full Bathroom
Cooling
N/K
Heating
Wall/Gravity
Laundry Features
Gas & Electric Dryer HU
Levels
1 Story
Exterior
Construction Materials
Wood
Fencing
Vinyl
Garage Spaces
1
Parking Features
Detached
Parking Spots
1
Parking Total
1
Roof
Shingle
Financial
Map
Community
- Address4531 Ohio St San Diego CA
- SubdivisionUNIVERSITY HEIGHTS
- CitySan Diego
- CountySan Diego
- Zip Code92116
Subdivisions in San Diego
- BAY PARK
- Bayview Heights 570
- CARMEL MOUNTAIN RANCH
- CARMEL VALLEY
- CITY HEIGHTS
- Civita CIVI
- CLAIREMONT
- Clifton Heights CLFH
- COLLEGE GROVE
- Crestmont CSM
- DEL CERRO
- DOWNTOWN
- Downtown DT
- EAST DEL MAR
- EAST SAN DIEGO
- East Village 400
- Emerald Hills EMER
- ENCANTO
- Hampton Place HAMP
- HILLCREST
- Horizon HORZ
- Knightsbridge KBRG
- LA JOLLA
- LINDA VISTA
- LOGAN HEIGHTS
- MIRA MESA
- MISSION BEACH
- Mission Greens R1 MG
- MISSION HILLS
- MISSION VALLEY
- NORTH PARK
- OCEAN BEACH
- Ocean View Terrace OVTR
- PACIFIC BEACH
- Palacio Del Mar PD
- POINT LOMA
- RANCHO BERNARDO
- Rancho Pacifica 1 261701
- RANCHO PENASQUITOS
- RANCHO SANTA FE
- Regency Villas RGVL
- SABRE SPR
- SAN CARLOS
- SAN DIEGO
- SANTALUZ
- SCRIPPS RANCH
- SERRA MESA
- Smoke Tree SMTR
- SOUTH SD
- Stonecrest 892
- TALMADGE
- TIERRASANTA
- UNIVERSITY CITY
- UNIVERSITY HEIGHTS
- Unknown 999
- Walden WAL
Market Summary
Current real estate data for Single Family in San Diego as of May 13, 2026
1,722
Single Family Listed
57
Avg DOM
810
Avg $ / SqFt
$1,760,257
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 $810. The average listing price for Single Family in San Diego is $1,760,257. To schedule a showing of MLS#260009146 at 4531 Ohio St in San Diego, CA, contact your Pacific Sotheby’s International Realty agent at 6193633000.
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