DUPLEX OPPORTUNITY! Rare value-add and development opportunity in one of San Diego’s rapidly growing urban neighborhoods. Situated on a R-2 zoned lot, this property offers exceptional upside potential for investors, developers, or owner-occupants seeking long-term value and income growth. The property’s flexible zoning allows multiple by-right development options, including the potential to add 2 additional dwelling units, creating a compelling opportunity for expanded rental income and future appreciation. The existing duplex requires renovation, making it ideal for a value-add repositioning, house-hack investment, or long-term redevelopment strategy in the high-demand 92102 market. With increasing rental demand, rising neighborhood values, and strong multifamily comparable sales nearby, this property presents an attractive opportunity to acquire a centrally located San Diego asset with ADU potential and significant upside at pricing difficult to replicate below today’s replacement costs.
Listing courtesy of Listing Agent: Guillermo Carrillo (guillermo.sdrealtor@gmail.com) from Listing Office: eXp Realty of California, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.