$1,800,000
$1,985,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
13 Beds
5 Baths
0.38 Acres Lot
SOLD DATE : 11/24/2025
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Linda Vista
MLS Listing ID 250038727
Sold Date 11/24/25
Bedrooms 13
Full Baths 5
Year Built 1941
Lot Size 0.376 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Strategic Investment with huge upside potential! Current rental income from long-term tenants provides immediate cash flow while you plan the property's future development. Located in a Complete Communities (CC) zoning area, this site offers a rare opportunity for redevelopment or, at minimum, a value-add rehab with substantial rent growth potential. Lot Size: 16,372 sq.ft. Zoning: RM2-5 + Complete Communities designation Potential Buildable Area: Up to ~65,488 sq.ft. (per CC zoning guidelines) Current Configuration: One 4BR/2BA unit + three 3BR/1BA units Occupancy: Fully leased to long-term tenants with below-market rents Development Potential: Build a multi-story project with canyon views, similar to the new MC Tower Apartments under construction around the corner. Rental Demand: Close proximity to USD, hospitals, and Mission Valley employment hubs supports strong future rental rates. Prime Location: Centrally located near I-5, I-8, and 163 freeways, with quick access to major job centers, universities, and medical facilities.
Location
State CA
County San Diego
Area Metro
Zoning RM2-5
Interior
Heating Other/Remarks
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected
View Y/N Yes
Water Access Desc Meter on Property
View City, Evening Lights, Mountains/Hills, Panoramic, Valley/Canyon
Roof Type Composition
Building
Story 2
Water Meter on Property
Level or Stories 2
Schools
School District San Diego Unified School Distric
Others
Senior Community No
Tax ID 432-060-18-00
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Other/Remarks
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Bought with David P Lee Nara Advisors, Inc.
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