3937–41 Utah Street · Utah II
The opportunity
Utah II sits in the beating heart of North Park (92104) — around the corner from the neighborhood's iconic sign and the 30th Street corridor, with a Walk Score of 97. Restaurants, breweries, and employment sit at the doorstep of one of San Diego's strongest rental submarkets.
The site is a 1939 Craftsman duplex on a generous RM-3-9 zoned parcel — and true to our playbook, both existing units are renovated, leased, and producing income from day one, keeping the project capital-efficient through pre-development.
The plan: a 10-unit ground-up development on a block pattern our team knows intimately — this is our second Utah Street project and one of several in the neighborhood, giving us real execution familiarity right here. Full details will be published as design advances.
Latest updates
Schematic floor plans for all three levels and the mezzanine are almost through, and the team is finishing the building massing now. The first plan sheets are posted in the gallery. Next up: locking the unit mix and moving into MEP design.
As-builts, survey, and soils reports are in hand and the team is finalizing design options — including the egress strategy and a parking layout targeting eight to nine spaces. Utah II has been added to the top-priority project list with a dedicated three-person team driving it forward.
Milestones
Closing day and the site as acquired — a 1939 Craftsman duplex steps from the North Park sign, with both existing units leased and producing income from day one.
Schematic floor plans from the design team — Levels 1 through 3 plus the mezzanine — with massing studies wrapping up.