$650,000
DUPLEX OPPORTUNITY! Rare value-add and development opportunity in one of San Diego’s rapidly growing urban neighborhoods. Situated on a R-2 zoned lot, this property offers exceptional upside potential for investors, developers, or owner-occupants seeking long-term value and income growth. The property’s flexible zoning allows multiple by-right development options, including the potential to add 2 additional dwelling units, creating a compelling opportunity for expanded rental income and future appreciation. The existing duplex requires renovation, making it ideal for a value-add repositioning, house-hack investment, or long-term redevelopment strategy in the high-demand 92102 market. With increasing rental demand, rising neighborhood values, and strong multifamily comparable sales nearby, this property presents an attractive opportunity to acquire a centrally located San Diego asset with ADU potential and significant upside at pricing difficult to replicate below today’s replacement costs.
Listed by Guillermo Carrillo with eXp Realty of California, Inc. (888) 584-9427
Property Type
Residential Income
Status
Active
MLS Number
260012263SD
Year Built
2020
Lot Size
5,284 sq ft
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