$1,450,000
Shovel-ready. Water views. Bay Park. This is the development opportunity San Diego investors have been waiting for. 1330 Goshen Street sits on a 5,140 SF corner lot in the heart of Bay Park — directly across from the University of San Diego — with fully approved, permit-ready plans for an 8-unit multifamily building (4 units + 4 ADUs | 7,030 SF total). The entitlement work is done. You are stepping into a fully approved project ready to break ground the day escrow closes. At three stories, the finished development will capture panoramic water views, positioning every unit as a premium rental in one of San Diego's most in-demand corridors. Corner lot exposure on Goshen & Ruby maximizes visibility and curb appeal. USD directly across the street means built-in, consistent rental demand from faculty, graduate students, and staff — year after year. Bay Park is centrally located between Mission Bay, Old Town, Fashion Valley, and direct freeway access to the 8 and 5 — a location that tenants and appraisers both love. The existing home is move-in ready if you need to occupy or generate income while financing comes together. But the value here is in the land and the approved plans sitting on top of it. Entitled. Permitted. Views. Corner. Bay Park. This one is ready to go.
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Listed by Christian Ballow with Gene Bowman Realty (619) 477-1111
Property Type
Single Family Residence
Status
Active
MLS Number
PTP2602668
Year Built
1950
Lot Size
5,140 sq ft