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Rachell Lara

rachell@laraandco.com +1(619) 316-7445

$ 1,125,000

Est. payment | -/mo

4 Beds

2 Baths

1,279 SqFt

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$ 1,125,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

1,279 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,279 sqft

Price per Sqft $879

MLS Listing ID PTP2602147

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1959

Lot Size 6,398 Sqft

Property Sub-Type Single Family Residence

Property Description

This property presents a rare chance to capitalize on San Diego's thriving rental market — and uniquely, it starts generating income from day one. The existing 1,279 SF front home has been fully remodeled from top to bottom — new kitchen, bathrooms, flooring, owner solar with tesla battery and more — and is currently tenant-occupied, meaning an incoming buyer steps into immediate cash flow while the ADU plans work through the approval process. Plans for four brand-new ADUs — two 650 SF and two 430 SF units across two detached duplexes — are well into the approval process, giving an incoming buyer a significant head start toward five total income-producing units on a single lot, without the years of groundwork typically required to get here. The design is thoughtful and built to attract quality tenants from day one — modern finishes, private entries, in-unit laundry, and efficient ductless HVAC in every unit. Once stabilized, the project is positioned to generate strong monthly cash flow across all five units in a neighborhood where rental demand is consistent, vacancy is low, and new construction commands a premium. Tucked in the heart of Clairemont Mesa with frontage on both Barstow Street and Roscrea Avenue, the property is minutes from USD, UCSD, Mission Bay, Fashion Valley, and every major employment corridor in the county via the I-5 and I-805 — the kind of location that makes units easy to fill and easy to keep filled. Whether you're a seasoned developer ready to carry the plans across the finish line or a growing investor looking to build a high-performing multi-unit asset, the hard work here is already well underway. A straightforward opportunity in one of San Diego's most dependable rental neighborhoods.

Location

State CA

County San Diego

Area 92117 - Clairemont Mesa

Zoning R-1:Single Fam-Res

Interior

Interior Features All Bedrooms Down

Cooling Ductless

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs

View Y/N Yes

View Neighborhood

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Level or Stories One

Schools

School District San Diego Unified

Others

Senior Community No

Tax ID 3554241400

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2602147

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Listed by Christian Ballow Gene Bowman Realty Christian@genebowman.com, DRE #02046669

NEARBY SCHOOL & BUSINESS

+1(619) 316-7445

rachell@laraandco.com

1420 Kettner Blvd. # 100, Diego, CA, 92101, USA

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San Diego Cities & Communities

5372 Barstow ST San Diego, CA 92117