Location, location, location!! Prime North Park location with a great walking score to almost everything your heart desires. Complete Communities zone w/FAR Tier 3 & the ability to build up to 6.5 FAR & Transit Priority Area w/no parking requirement!! Potential to build 36+ units depending on size & FAR. Existing residences include a 2 bed, 2 bath downstairs (approx. 1400 sqft) w/generous covered patio. The upstairs residence is a 1 bed, 1 bath (approx. 1000 sqft). Large yard could easily allow additional ADU instead of development. 3962 was originally built as a 1 bed, 1 bath approx. 400 sqft unit next to 3 1-car garages. The garages were converted into additional living space, permit status unknown. With some TLC, you can cash flow the high rents of North Park while you work on your building permits for development.