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This is a de-risked development play for a developer looking to significantly shorten the City of San Diego entitlement timeline. The property is zoned RM-3-7 and is being sold with plans for 8 additional units already in the final stages of the approval process. The project is expected to be fully stamped and ready for permit issuance by end of March, allowing a buyer to move into the construction phase almost immediately upon closing. While you prepare to pull permits and mobilize, the site provides immediate carry income to offset holding expenses. This turnkey revenue stream ensures the asset is working for you from day one. Providing a clean slate for construction or immediate market-rate leasing. The project is designed to maximize the density of this Tier 1 location using the ADU program. Upon completion of the 8 additional one-bedroom units, the expected gross monthly revenue is 23,000 dollars. This represents a substantial equity play in a high-demand coastal submarket. Whether you are looking for a high-yield hold or a future condo conversion, the proximity to Liberty Station, Sunset Cliffs, and top-tier schools ensures long-term exit liquidity. All project documentation is ready for immediate review. We have a full data room available including architectural designs, engineering, site plans, and a comprehensive proforma. Skip the typical 12-24 month planning lag and acquire a project where the heavy lifting of design and city approval are already behind you.
| Last Updated | 3/5/2026 | Tract | OCEAN BEACH |
|---|---|---|---|
| Year Built | 1941 | County | San Diego |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Freezer, Gas Cooktop, Microwave, Refrigerator, Washer |
| CONSTRUCTION | Adobe, Frame |
| HEAT | Forced Air |
| LOT | 5602 sq ft |
| LOT DESCRIPTION | Cul-De-Sac |
| LOT DIMENSIONS | 4,000-7,499 SF |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Cottage, Craftsman/Bungalow |
| SUBDIVISION | OCEAN BEACH |
| UTILITIES | Electricity Available, Cable Available, Cable Connected, Electricity Connected, Sewer Available, Water Available, Sewer Connected, Water Connected |
| WATER | Public |
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®, Inc.
Properties on this website was last updated as recently as 3/5/26 9:52 PM PST.
This IDX solution is (c) Diverse Solutions 2026.
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