Located in the heart of Lincoln Park, 6BD 4.5BA versatile duplex offers significant development potential just minutes from downtown San Diego and major highways. The property features a 5-bedroom, 3-bathroom unit and a separate 1-bedroom, 1.5-bathroom apartment, providing immediate rental income and tenant flexibility. Zoned for up to 65 buildable units and included in the Complete Communities Tier 3 program, this lot presents a rare opportunity for investors to capitalize on San Diego's growing housing demand. This ±10,471 SF development site in Lincoln Park offers a prime investment opportunity with a current income of $3,850 per month from an existing duplex while being ideally positioned for substantial future growth. Zoned RM-3-7 and included in the Complete Communities Tier 3 program with a 6.5x FAR, the property allows for up to 65 buildable units totaling 68,061 SF. Lot dimensions are 71’ x 150’ with efficient setbacks of 10' (front) and 5' (rear), and a height limit of 40 ft or up to 7 stories. Located within an Opportunity Zone, it offers tax benefits and is designated in a “Sustainable Development Area,” making it attractive for high-density, eco-friendly projects. With easy access to I-805 and SR-94 and a current CAP rate of 2.79%, this site stands out as a compelling investment in a rapidly evolving neighborhood. The property is constructed with a wood frame and stucco, offering seven parking spaces. It is zoned RM-3-7, allowing for residential multi-unit development and inclusion in the Complete Communities Tier 3 program, which supports potential future redevelopment. The site is part of a sustainable development area and is located in an Opportunity Zone, providing potential tax benefits. Additionally, the property has been upgraded over the years to enhance its appeal and functionality.
For sale
Price cut: $65K (8/1)
$1,095,000
330 Willie James Jones Ave, San Diego, CA 92102
6beds
--sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$1,111,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 138 days
- on Zillow |
- 562 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: August 16, 2025 at 06:29am
Listed by:
Alexander Ciullo DRE #02012544 619-944-1876,
Pacific Sotheby's Int'l Realty,
Andrew Hooks DRE #02186953 408-825-3293,
Pacific Sotheby's Int'l Realty
Source: SDMLS,MLS#: 250024255
Originating MLS: San Diego Association of REALTOR

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air Unit
Cooling
- Central Forced Air
Interior area
- Total structure area: 2,518
Video & virtual tour
Property
Features
- Levels: Other/Remarks
- Pool features: N/K
- Spa features: N/K
- Fencing: Full
- Has view: Yes
- View description: Evening Lights
- Frontage type: N/K
Lot
- Size: 10,454.4 Square Feet
- Dimensions: 71 x 148 x 78 x 125
Details
- Parcel number: 5481302500
- Zoning: RM-4 CCHS3
- Zoning description: RM-4 CCHS3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood/Stucco
- Roof: Concrete
Condition
- Year built: 1940
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: BBQ, Laundry Facilities, Recreation Area
- Security: Eqpt Owned
- Subdivision: SAN DIEGO
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $832,215
- Annual tax amount: $10,256
- Date on market: 4/11/2025
- Listing terms: Cash,Conventional
- Tenant pays: Trash, Water, Cable TV, Electricity, Gardener, Gas/Propane, Hot Water
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