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4220 40th St #221 / 5 · Click to zoom

About this home

Three adjacent commercial/residential lots offered at $1.1M each. Properties are located at 4210 40th St, 42204222 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 Citys 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 Diegos 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

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$110,000 · Apr 2000
📋 Assessed value$169,040
💵 Annual tax$2,672
🏫 School districtSan Diego City Unified School District

MLS #PTP2600567

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$6,891
Principal & interest$5,562
Property tax$1,008
Home insurance$321
Down payment: $220,000Loan: $880,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.