A rare 3.14-acre infill development opportunity spanning three contiguous parcels—2436 Adams Ave, 4712 Arizona St, and 4714–16 Arizona St—located just off the vibrant Adams Avenue corridor in University Heights (Walk Score 90). This combined site is currently improved with two single-family homes, a duplex, and a fully remodeled fourplex, generating $24,025/month in gross income. A substantial portion of the land is dedicated to surface parking, offering a clear path for future density. Plans have been submitted to the City of San Diego for a 34-unit, ADU-style townhome development, allowing buyers to pursue phased construction or adapt the design to suit their strategy. Zoned RM2-5 & RM1-1 and located in a Transit Priority Area, the site benefits from reduced parking requirements and possibly increased density potential. Offered individually or together: • Arizona St parcels (4712 & 4714–16): $3,250,000 • Adams Ave parcel (2436 Adams): $4,250,000 This is a compelling opportunity for infill developers and value-add investors seeking immediate income, submitted development plans, and long-term growth potential in one of San Diego’s most sought-after neighborhoods.