4435 Utah Street · Utah I
The opportunity
4435 Utah Street transforms an underutilized parcel in one of San Diego's most dynamic and walkable neighborhoods into eight units of modern multifamily housing — a mix of one-, two-, and three-bedroom homes across three levels, including two detached ADUs.
The design delivers roughly 7,100 square feet of new housing on a 5,250 square-foot lot — density unlocked through the City of San Diego's incentive programs, including a floor-area increase and reduced setbacks. Limited supply, vibrant culture, and proximity to downtown and Hillcrest drive relentless rental demand.
Latest updates
Utility and right-of-way work is moving well. An alternative means-and-methods filing has been submitted to use cost-saving materials (PVC in place of cast iron, PEX in place of copper). Building-department comments are expected shortly, with permit issuance targeted around the holidays or January. A dedicated financing session is scheduled later this month.
Milestones
Closing day at 4435 Utah — keys in hand, and the property as acquired inside and out.
The existing home's renovation — from mid-rehab to refinished and ready, producing income through pre-development.
Schematic plans and renderings — eight units of modern multifamily housing across three levels, including two detached ADUs.