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Jason Lopez

jasonlopez619@gmail.com +1(619) 248-6434

$1,199,000

Est. payment - /mo

4 Beds

4 Baths

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 260007270

Bedrooms 4

Full Baths 4

Year Built 1984

Property Sub-Type Res Income 2-4 Units

Property Description

2-unit investment property in San Diego's College Area, offered with a master lease at $7,000/month covering both units. Steps from SDSU's 40,000+ student population, this is a turnkey opportunity in one of San Diego's highest-demand student housing submarkets. The main house delivers 4 beds/3 baths and the studio adds 1 bath — 1,822 SF total on a 4,300 SF lot. Currently in process for RM-4-10 zoning, the site offers meaningful long-term redevelopment potential. Density bonus pathways — including HAP 2.0 and 100% micro-unit programs — provide significant upside for a buyer with a development horizon. Sustained enrollment at SDSU drives consistent rental demand, supporting both near-term cash flow and future student-oriented or multifamily housing development. Strong in-place cash flow with entitlement upside. All zoning, development potential, and unit counts to be verified by buyer.

Location

State CA

County San Diego

Area Metro Uptown

Zoning RM-4-10

Interior

Cooling Other/Remarks

Fireplace No

Exterior

Fence Other/Remarks

View Y/N No

Roof Type Other/Remarks

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 467-222-08-00

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

Special Listing Condition N/K, Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/260007270

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Listed by Daniel A Sipher, DRE#02043589 Landmark Multifamily and Development

Nearby School & Business

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Jason Lopez

+1(619) 248-6434

Director of Agent Growth and Development | License ID: 01180851

Director of Agent Growth and Development License ID: 01180851

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6497-99 Montezuma Rd San Diego, CA 92115

Jason Lopez

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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