$1,200,000
This property presents a rare chance to capitalize on San Diego's thriving rental market. Plans for four brand-new ADUs — two 430 SF and two 650 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 8,800 SF 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 in a neighborhood where rental demand is consistent, vacancy is low, and new construction commands a premium. Clairemont Mesa's central location puts tenants 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. The plans are in place, the market is strong, and the upside is real.
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Listed by Christian Ballow with Gene Bowman Realty (619) 477-1111
Property Type
Single Family Residence
Status
Active
MLS Number
PTP2602095
Year Built
1975
Lot Size
8,799 sq ft