Refine Search
Sort by
2514 44th St, East San Diego
$999,999
4 Beds ⋅ 4 Baths
BRAND-NEW CONSTRUCTION WITH󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 ATTACHED ADU, PAID SOLAR & CITY VIEWS! Exceptional opportunity just minutes from Downtown San Diego offering modern design, flexible living spaces, and potential income-producing options. The 1,308 sq. ft. main residence features 3 bedrooms and 3 full bathrooms, including a convenient downstairs bedroom and bath. Each bedroom is paired with access to a full bathroom, providing added privacy and a layout that may appeal to buyers exploring shared living or individual room rental strategies, subject to applicable laws and regulations. The open-concept living area features soaring ceilings, expansive windows, contemporary finishes, and a beautifully designed kitchen with sleek cabinetry, generous counter space, a spacious island, and a unique pass-through window connecting the kitchen to the outdoor entertaining area. Oversized balconies provide additional outdoor living space with city and neighborhood views. Architectural lighting highlights the staircase, kitchen, bathrooms, balconies, and exterior, while paid solar adds additional value. The attached 522 sq. ft. ADU features 1 bedroom and 1 full bathroom along with its own kitchen, living area, generous closet space, and dedicated washer/dryer hookups, providing the privacy and functionality of an independent living space. The configuration offers flexibility for an owner-user, multigenerational household, or buyer seeking potential rental income. For investors, the property offers multiple potential rental strategies, including renting the main residence and ADU separately or exploring individu BRAND-NEW CONSTRUCTION WITH ATTACHED ADU, PAID SOLAR & CITY VIEWS! Exceptional opportunity just minutes from Downtown San Diego offering modern design, flexible living spaces, and potential income-producing options. The 1,308 sq. ft. main residence features 3 bedrooms and 3 full bathrooms, including a convenient downstairs bedroom and bath. Each bedroom is paired with access to a full bathroom, providing added privacy and a layout that may appeal to buyers exploring shared living or individual room rental strategies, subject to applicable laws and regulations. The open-concept living area features soaring ceilings, expansive windows, contemporary finishes, and a beautifully designed kitchen with sleek cabinetry, generous counter space, a spacious island, and a unique pass-through window connecting the kitchen to the outdoor entertaining area. Oversized balconies provide additional outdoor living space with city and neighborhood views. Architectural lighting highlights the staircase, kitchen, bathrooms, balconies, and exterior, while paid solar adds additional value. The attached 522 sq. ft. ADU features 1 bedroom and 1 full bathroom along with its own kitchen, living area, generous closet space, and dedicated washer/dryer hookups, providing the privacy and functionality of an independent living space. The configuration offers flexibility for an owner-user, multigenerational household, or buyer seeking potential rental income. For investors, the property offers multiple potential rental strategies, including renting the main residence and ADU separately or exploring individual room rentals within the main residence, subject to applicable laws, regulations, permits, and rental requirements. Buyer to independently verify permitted uses, rental potential, and projected rents. Ideally located near Downtown San Diego, Balboa Park, major freeways, shopping, dining, and entertainment. With approximately 1,830 combined sq. ft., 4 bedrooms, 4 full bathrooms, two distinct living spaces, new construction, and paid solar, this property offers a unique combination of contemporary living and investment versatility.

2514 44th St, East San Diego

3103-3105 Central, East San Diego
$1,100,000
6 Beds ⋅ 4 Baths
Exceptional investment opportunity󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 in the heart of City Heights! This versatile 2-unit property sits on a spacious, flat, and fully usable lot just under 7,000 sq ft, offering endless potential for expansion. The front unit features 2 bedrooms and 2 bathrooms, while the rear unit boasts a larger 4-bedroom, 2 bath layout. Ideal for maximizing rental income. The property backs up to a canyon, providing added privacy and a unique natural backdrop rarely found in urban settings. With plenty of on-site parking and long-term, reliable tenants already in place, this is a true turnkey income property. Recent upgrades include a newer roof and kitchen upgrades includes new cabinets, quartz countertop, new paint, flooring, updated windows and water heater helping reduce maintenance costs. The generous lot size and layout present a prime opportunity to add an ADU or explore additional development options, making this an excellent choice for investors looking to grow their portfolio. Don’t miss this chance to own a high-potential property in a centrally located, high-demand rental area! Buyers to verify all info.

3103-3105 Central, East San Diego

4092 Winona Ave, East San Diego
$719,000
3 Beds ⋅ 2 Baths
Renovated single-level home on a gated corner lot in the Colina del Sol pocket of City Heights. The main house offers two bedrooms and one bath, and an attached in-law suite with its own separate entrance adds a third bedroom and a second full bath. It works well for extended family, guests, or a private home office. Inside, wood-look plank flooring, recessed lighting, and large windows keep the living and dining areas bright. The updated kitchen has white shaker cabinetry, stainless appliances, and gas cooking, with a laundry room just off the kitchen. Both bathrooms have been remodeled, one with a floor-to-ceiling tiled walk-in shower. Outside, the fully fenced backyard offers a large patio for outdoor dining and entertaining, citrus trees, and a storage shed. A rolling gate opens to private off-street parking for up to three cars inside the gates. The location is highly walkable and central. Colina del Sol Park is a few blocks east, with an 18-hole par-3 public golf course, recreation center, community pool, tennis courts, playgrounds, and athletic fields. University Avenue is a few blocks south and El Cajon Boulevard is just north, both known for local markets and Vietnamese, Mexican, and East African restaurants, with MTS bus service along both corridors. SDSU is about 10 minutes away and Downtown is roughly 15 to 20, with I-15, I-8, and SR-94 all a short drive. Financing incentives available: potential assumable VA loan for qualified buyers, plus low and no down payment loan options with no mortgage insurance. Contact the listing agent for details. Renovated single-level home on a gated corner lot in the Colina del Sol pocket of City Heights. The main house offers two bedrooms and one bath, and an attached in-law suite with its own separate entrance adds a third bedroom and a second full bath. It works well for extended family, guests, or a private home office. Inside, wood-look plank flooring, recessed lighting, and large windows keep the living and dining areas bright. The updated kitchen has white shaker cabinetry, stainless appliances, and gas cooking, with a laundry room just off the kitchen. Both bathrooms have been remodeled, one with a floor-to-ceiling tiled walk-in shower. Outside, the fully fenced backyard offers a large patio for outdoor dining and entertaining, citrus trees, and a storage shed. A rolling gate opens to private off-street parking for up to three cars inside the gates. The location is highly walkable and central. Colina del Sol Park is a few blocks east, with an 18-hole par-3 public golf course, recreation center, community pool, tennis courts, playgrounds, and athletic fields. University Avenue is a few blocks south and El Cajon Boulevard is just north, both known for local markets and Vietnamese, Mexican, and East African restaurants, with MTS bus service along both corridors. SDSU is about 10 minutes away and Downtown is roughly 15 to 20, with I-15, I-8, and SR-94 all a short drive. Financing incentives available: potential assumable VA loan for qualified buyers, plus low and no down payment loan options with no mortgage insurance. Contact the listing agent for details.

4092 Winona Ave, East San Diego

3838 Van Dyke, East San Diego
$999,000
6 Beds ⋅ 3 Baths
Family Compound or󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 Investor’s Dream! Discover an exceptional property with multiple living spaces, flexibility, and income potential. This unique setup is perfect for a large or extended family, multigenerational living, or investors looking for multiple rental opportunities. The front home features 4 bedrooms and 2 bathrooms, including one bedroom conveniently located downstairs. The back home offers 2 bedrooms and 1 bathroom, along with a full kitchen and comfortable living room. Adding even more versatility, the garage has been converted into a studio, providing additional living space, a guest suite, home office, or potential rental opportunity. The property also features a storage shed, fully fenced yard, alley access, parking, and a rear gate for added convenience and privacy. The interior has been freshly painted, giving the home a clean, refreshed feel. With 2 separate utility meters, this property offers added flexibility for multiple living arrangements or rental use.

3838 Van Dyke, East San Diego

4221-23 Dwight St, East San Diego
$875,000
5 Beds ⋅ 2 Baths
Welcome to an󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 incredible opportunity in a vibrant City Heights community. This turnkey property consists of 2 completely separate units. The front unit 4221: boasts a 3bed/1ba with new vinyl flooring throughout; New countertop, new A/C unit in each room, newly installed covered patio & carport (can tandem-park up to 4 cars). The back unit 4223: is a 2bd/1ba with its own separate entry and alley access, a new covered patio, new A/C unit in each room. Each has its own utilities meters. Both units are move-in ready condition. Live in one and rent out the other or simply make it your own investment opportunity. Minutes away from Downtown, Zoo, shopping centers, major freeways, and the beaches.

4221-23 Dwight St, East San Diego

3313-15 38th St, East San Diego
$1,100,000
4 Beds ⋅ 2 Baths
Lee & Associates󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 | North San Diego County | The Von Bluecher Group is pleased to present 38th Street Duplex, a 2-unit multifamily investment opportunity located at 3313-15 38th Street in San Diego, California. Situated on an approximately 7,538 square foot lot, the property consists of one single-story residential building totaling approximately 2,028 square feet and features a unit mix of (2) two-bedroom/one-and-a-half-bath units, each approximately 1,014 square feet. The property offers investors an opportunity to acquire a well-located San Diego duplex with stable in-place income, private yards, substantial parking, and several recent property improvements. Each unit includes a two-car garage, driveway, private yard, laundry hookups, and access to owned solar. The property was tented for termite treatment and received a complete exterior repaint in 2022. In Unit 3313 the following improvements include new appliances, windows, & upgraded A/C system. Both units have received new garage doors for both units. The property currently generates approximately $6,000 in scheduled monthly rental income, providing a strong income base for an investor, owner-user, or multigenerational buyer. The two-unit configuration also offers operational simplicity and flexibility. The property's two-car garages create an attractive opportunity for future upside, with potential to explore ADU conversion or other permitted living space. This added flexibility could support future rental income, extended-family accommodations, or enhanced owner-user functionality. Buyer to verify all zoning, permi Lee & Associates | North San Diego County | The Von Bluecher Group is pleased to present 38th Street Duplex, a 2-unit multifamily investment opportunity located at 3313-15 38th Street in San Diego, California. Situated on an approximately 7,538 square foot lot, the property consists of one single-story residential building totaling approximately 2,028 square feet and features a unit mix of (2) two-bedroom/one-and-a-half-bath units, each approximately 1,014 square feet. The property offers investors an opportunity to acquire a well-located San Diego duplex with stable in-place income, private yards, substantial parking, and several recent property improvements. Each unit includes a two-car garage, driveway, private yard, laundry hookups, and access to owned solar. The property was tented for termite treatment and received a complete exterior repaint in 2022. In Unit 3313 the following improvements include new appliances, windows, & upgraded A/C system. Both units have received new garage doors for both units. The property currently generates approximately $6,000 in scheduled monthly rental income, providing a strong income base for an investor, owner-user, or multigenerational buyer. The two-unit configuration also offers operational simplicity and flexibility. The property's two-car garages create an attractive opportunity for future upside, with potential to explore ADU conversion or other permitted living space. This added flexibility could support future rental income, extended-family accommodations, or enhanced owner-user functionality. Buyer to verify all zoning, permitting, parking, and conversion requirements. Located in the heart of the City Heights / Colina Del Sol submarket, the property benefits from convenient access to Interstate 15, Interstate 805, Downtown San Diego, Mission Valley, North Park, Balboa Park, and major employment centers throughout the region. The surrounding neighborhood continues to experience strong rental demand driven by its central location, affordability relative to coastal submarkets, and ongoing community reinvestment. With its spacious two-bedroom units, private outdoor areas, two-car garages, driveways, owned solar, and recent improvements, 38th Street Duplex presents an opportunity to acquire a well-located multifamily asset with current income and long-term appreciation potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, utility metering, permits, financial information, rental information, and all other material aspects of the property.

3313-15 38th St, East San Diego

2473 Highland Ave, East San Diego
$819,000
4 Beds ⋅ 2 Baths
Beautifully updated 4-bedroom,󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 2-bath home tucked away at the end of a quiet cul-de-sac. This versatile property features multiple living spaces and a flexible floor plan that’s ideal for multigenerational living, extended family, or the potential to create two separate living areas. Inside, you’ll find beautifully refinished hardwood floors, a brand-new kitchen, updated bathrooms, and a spacious laundry room with plenty of additional storage. The private backyard offers a great space to relax and entertain, featuring low-maintenance, money-saving artificial turf and a large deck perfect for outdoor dining and gatherings. With its updated interior, multiple living areas, flexible layout, and private cul-de-sac location, 2473 Highland Ave offers a unique combination of comfort, versatility, and potential.

2473 Highland Ave, East San Diego

4204-4208 40th St, East San Diego
$995,000
2 Beds ⋅ 4 Baths
Now offered at󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 $995,000. Four income-producing units generating $6,775/month in current gross income, including $625/month from the Clear Channel billboard lease. Located on a corner lot directly across from Teralta Park, the property consists of two original units plus two newly constructed ADUs completed in 2024 and currently leased. The unit mix includes two studios and two 1-bedroom units, approximately 320–448 sq ft. One original unit has been recently remodeled, while the remaining original units provide additional opportunity for future improvements. Four separate electric meters provide individual utility metering. With two newer units already completed and leased, existing billboard income, and additional value-add potential, the property offers multiple income streams without the need to build the additional units from the ground up. Commercial zoning may also provide longer-term redevelopment possibilities; buyer to independently verify permitted uses and development potential with the City of San Diego. Centrally located with convenient access to freeways, transit, shopping and employment centers. An opportunity to acquire four units plus billboard income at a price below $1 million. Do not disturb tenants.

4204-4208 40th St, East San Diego

3736-3738 46th St, East San Diego
$969,000
4 Beds ⋅ 2 Baths
Rare find! Own two fully detached, independently metered homes on a single lot, perfect for a savvy investor or an owner-occupant looking to live in one and rent the other. Both units have been remodeled,boasting modern kitchens, sleek designer bathrooms, premium tile flooring, and mini split A/C's to keep your tenants comfortable year-round.The front home features a spacious yard ideal for entertaining, while the entire property sits on a generous lot with incredible potential to add more units (ADUs) for maximum cash flow. Enjoy stainless steel appliances, private parking, and a prime central San Diego location minutes from downtown, local schools, and major freeways. Don't miss out on this turnkey gem with built-in growth potential! Front unit is available to show on weekends ONLY with scheduled CONFIRMED appointment with LA.

3736-3738 46th St, East San Diego

4319-23 Landis, East San Diego
$1,349,000
6 Beds ⋅ 4 Baths
ALL UNITS ARE OCCUPIED. Front House is a 3 bed/1 bath located at 3693 43rd and all 3 units in rear are 1 bed/1 bath located at 4319-4323 Landis St. Total rents are averaging $8445 A MONTH. Property is situated on the corner of Landis and 43rd. All four units were recently UPGRADED THROUGHOUT and are now producing strong rents. Each unit is separately metered for gas and electric, only water is shared with individual water heaters separate gas lines. Mini splits in each unit. Trash included with property tax bill. Currently there are two separate 1 car garages side by side that can be converted into another 1 bedroom/1 bath ADU generating an additional $1800 a month income, permits have been submitted. Property features new flooring, windows, stainless steel appliances, kitchen cabinets, countertops, new sub panels, electrical, and upgraded bathrooms. Walking distance to shopping centers, restaurants, City Heights Weingart Library, swim center, schools, and the police station is located right across the street for peace of mind security.

4319-23 Landis, East San Diego

3558 42nd St, East San Diego
$799,999
4 Beds ⋅ 3 Baths
Welcom to 3558 42nd Street, a renovated two-story home offering 4 bedrooms and 3 full bathrooms, including a versatile ADU that provides exceptional flexibility for guests, extended family, rental income, or a private workspace. The former garage has been thoughtfully converted into a comfortable bedroom suite with its own full bathroom and full kitchen, creating a private living space with excellent potential. The main residence has been updated by the current owners and features a spacious, inviting layout with modern improvements throughout. Both bathrooms in the main residence have been recently renovated with tile shower enclosures, new lighting, vanities, and flooring. Outside, enjoy a generous front yard highlighted by a pergola that provides a welcoming shaded area for relaxing or entertaining. Gated off-street parking is located behind the home, with convenient access from the alley. Ideally situated in the heart of City Heights, this property offers easy access to University Avenue and the surrounding neighborhoods, with a variety of restaurants, shops, cafes, and everyday conveniences just moments away. A rare combination of a renovated home, flexible ADU, generous outdoor space, and convenient urban location.

3558 42nd St, East San Diego

3724-30 Euclid Ave, East San Diego
$650,000
Two detached houses󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 on one 5,897 square foot lot in the Fairmount Village neighborhood of City Heights. The front house is a one bedroom, one bath of approximately 400 sq ft built in 1950. The rear house is a two bedroom, one bath of approximately 1,035 sq ft built in 1924. Both houses include enclosed porch and bonus room areas beyond the recorded square footage. Both houses are vacant and need full renovation, and the property is offered as is. This is a fixer and value add project with ADU potential, suited to investors and developers. The lot is level with alley access, and CUPD-CU-1-2 zoning allows residential and light commercial use. The property is blocks from the University Ave commercial corridor with direct access to the I-15 and SR-94. Easy to show, buyer to verify all information. Two detached houses on one 5,897 square foot lot in the Fairmount Village neighborhood of City Heights. The front house is a one bedroom, one bath of approximately 400 sq ft built in 1950. The rear house is a two bedroom, one bath of approximately 1,035 sq ft built in 1924. Both houses include enclosed porch and bonus room areas beyond the recorded square footage. Both houses are vacant and need full renovation, and the property is offered as is. This is a fixer and value add project with ADU potential, suited to investors and developers. The lot is level with alley access, and CUPD-CU-1-2 zoning allows residential and light commercial use. The property is blocks from the University Ave commercial corridor with direct access to the I-15 and SR-94. Easy to show, buyer to verify all information.

3724-30 Euclid Ave, East San Diego

3655 44th St, East San Diego
$845,000
3 Beds ⋅ 3 Baths
NEW PRICE—MOTIVATED SELLERS!󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 Welcome to 3655 44th St, a versatile two-unit property offering an outstanding opportunity for investors, multigenerational living, or an owner-occupant seeking rental income to help offset their mortgage. The main residence features two bedrooms and two bathrooms, newly installed bedroom carpeting, beautifully refinished hardwood floors, a light-filled living room with a charming fireplace, and an updated kitchen with ample cabinetry and stainless-steel appliances. The separate one-bedroom, one-bath rear unit has been recently renovated with an updated kitchen and bathroom, durable flooring, contemporary finishes, and a fresh modern interior. Owned solar provides additional value and energy efficiency. Located in Fairmount Village, the property offers convenient access to shopping, dining, public transportation, SDSU, Balboa Park, Downtown San Diego, and nearby communities including North Park, Normal Heights, Kensington, and Talmadge. With two separate living spaces, strong income-producing potential, and a newly reduced price, this centrally located property presents a compelling opportunity. Sellers are motivated—bring your offer!

3655 44th St, East San Diego

4225 Central Ave, East San Diego
$1,265,000
5 Beds ⋅ 5 Baths
Fourplex situated on󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 an approximately 6,248-square-foot lot, 4225–4231 Central Avenue is a stabilized, cottage-style multifamily property in central San Diego. 3/2 house, 1/1 cottage, 1/1 cottage, 0/1 cottage. (House is currently rented out as a 2/1 & 1/1). The property generates $9,294 in current monthly gross income and provides five off-street parking spaces. (3 individual spots in the rear off the alley, and 1 tandem in the driveway) All but one of the cottage units have been fully or partially improved, with updated kitchens, flooring, appliances, bathrooms, exterior paint, fencing and landscaping. Additional upside exists through potential rent growth and future renovation. Conveniently located near Kensington, Teralta Park, neighborhood restaurants, Downtown San Diego, I-805 and SR-15. Listing agent & broker hold an ownership interest in the property. Property is offered in its present as-is condition. Buyer to independently verify permits, unit configuration, square footage, zoning, income, expenses, condition and development potential.

4225 Central Ave, East San Diego

3827 Winona Ave, East San Diego
$1,325,000
6 Beds ⋅ 4 Baths
Exceptional Investment Opportunity in City Heights. This well-maintained four-unit offers immediate cashflow and future upside. The property features a 2-bed/1-bath front house along with two 2-bed/1-baths and a studio. 3 of 4 units are tenant occupied. Ample on-site parking adds convenience for tenants. Easy access to freeways and public transportation. This property is great for your investment portfolio or multi-generational living. Exceptional Investment Opportunity in City Heights. This well-maintained four-unit offers immediate cashflow and future upside. The property features a 2-bed/1-bath front house along with two 2-bed/1-baths and a studio. 3 of 4 units are tenant occupied. Ample on-site parking adds convenience for tenants. Easy access to freeways and public transportation. This property is great for your investment portfolio or multi-generational living.

3827 Winona Ave, East San Diego

4052-56 Euclid Ave, East San Diego
$1,275,000
3 Beds ⋅ 4 Baths
Pleased to present󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 4050-56 Euclid Avenue, a four-unit multifamily investment in the centrally located City Heights neighborhood of San Diego. Situated on an approximately 6,008 square foot parcel, the property includes a spacious front house, a brand new unit, and two additional units, offering a mix of newer and legacy construction with existing in-place rental income. Located along Euclid Avenue, one of City Heights’ established commercial corridors, the property sits near the neighborhood’s shops, restaurants, and transit. With more than 55,000 residents within one mile, the area ranks among the most densely populated in the San Diego region, supporting steady rental demand. With in-place rents currently below market, the property offers value-add upside through lease-to-market. The offering suits investors or owner-occupants seeking a well-located San Diego asset with a mix of unit types and in-place tenancy.

4052-56 Euclid Ave, East San Diego

2351-53 Modesto St, East San Diego
$1,200,000
4 Beds ⋅ 2 Baths
CITY HEIGHTS DUPLEX | R-2 ZONED | IMMEDIATE INCOME + EXTRAORDINARY DEVELOPMENT UPSIDE Few opportunities arrive with this much aligned in your favor. A fully remodeled, income-producing R-2 zoned duplex on a 5,178 square foot lot, positioned in the heart of one of San Diego's most powerfully appreciating urban corridors, this is the kind of generational asset that sophisticated investors recognize immediately and move on decisively. City Heights is not emerging. It has emerged. The Mid-City submarket is experiencing a transformation that is redefining land values, reshaping the streetscape, and rewarding those who had the vision to act early. This property does not sit on the sidelines of that story. It sits at the center of it. Both units were comprehensively remodeled in 2022 to a standard that today's discerning residents expect and deserve. The upper level unfolds across approximately 950 square feet of beautifully appointed living space, offering 2 bedrooms, 1 bathroom, a sweeping open concept layout, custom quartz countertops, a stylish breakfast bar, stainless steel appliances, and the coveted convenience of in-unit laundry. The lower unit presents approximately 850 square feet of equally refined living, with 2 bedrooms, 1 bathroom, a private fenced yard that creates a genuine sense of arrival, and a dedicated laundry closet. Both residences feature individually fenced outdoor retreats and climate controlled comfort through wall and window air conditioning. These are not afterthought finishes. They are the details that attract quality long term residents and keep them CITY HEIGHTS DUPLEX | R-2 ZONED | IMMEDIATE INCOME + EXTRAORDINARY DEVELOPMENT UPSIDE Few opportunities arrive with this much aligned in your favor. A fully remodeled, income-producing R-2 zoned duplex on a 5,178 square foot lot, positioned in the heart of one of San Diego's most powerfully appreciating urban corridors, this is the kind of generational asset that sophisticated investors recognize immediately and move on decisively. City Heights is not emerging. It has emerged. The Mid-City submarket is experiencing a transformation that is redefining land values, reshaping the streetscape, and rewarding those who had the vision to act early. This property does not sit on the sidelines of that story. It sits at the center of it. Both units were comprehensively remodeled in 2022 to a standard that today's discerning residents expect and deserve. The upper level unfolds across approximately 950 square feet of beautifully appointed living space, offering 2 bedrooms, 1 bathroom, a sweeping open concept layout, custom quartz countertops, a stylish breakfast bar, stainless steel appliances, and the coveted convenience of in-unit laundry. The lower unit presents approximately 850 square feet of equally refined living, with 2 bedrooms, 1 bathroom, a private fenced yard that creates a genuine sense of arrival, and a dedicated laundry closet. Both residences feature individually fenced outdoor retreats and climate controlled comfort through wall and window air conditioning. These are not afterthought finishes. They are the details that attract quality long term residents and keep them. The leases in place and the income figures speak for themselves. The investment opportunity extends well beyond today's cash flow. The R-2 designation, layered with the City of San Diego's landmark ADU ordinance and its aggressive multi-family densification framework, transforms this lot into a genuine development platform. The paths forward are multiple and meaningful. Add accessory dwelling units and multiply your income streams. Maximize the allowable density envelope and reposition the asset for the next decade. The Mid-City Community Plan places this site squarely within the city's highest priority transit-oriented infill zones, which means policy, infrastructure, and capital are all moving in the same direction you are. The risk profile is equally compelling. Flood, fire, and wind exposure each score a remarkable 1 out of 10, supporting clean underwriting and favorable insurance economics. Hamilton Elementary, rated 8 out of 10, anchors the neighborhood's family appeal. Major freeways, thriving employment centers, and robust public transit connections are all within easy reach, fundamentals that sustain demand, validate comparable sales, and strengthen every exit strategy on your model. Whether you are a 1031 exchange buyer seeking a pristine capital preservation vehicle, a value-add investor ready to build on a turnkey foundation, or a developer strategically assembling a land position in one of Southern California's most supply-constrained and policy-favored urban infill markets, this is the opportunity that belongs at the top of your underwriting queue. Assets that unite immediate income, institutional quality finishes, zoning optionality, and locational irreplaceability at this price point are extraordinarily rare. When they appear, the window is brief. The numbers are exceptional. The upside is undeniable. The time to act is now.

2351-53 Modesto St, East San Diego

board logo

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,