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$650,000
260012263SD MLS ⋅ Active Status
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.

290 35th St, Golden Hill
$950,000
260011331SD MLS ⋅ Active Status
Variance granted for 2-4 Units Great opportunity for a first-time homebuyer or investor! This single-family residence includes a permitted attached ADU with its own private entrance, separate address (3097 L St), and separate utilities—ideal for generating rental income to help offset your monthly mortgage. The main home features 3 bedrooms, 3.5 bathrooms, and a 2-car garage, along with numerous recent upgrades including dual-pane windows, tile flooring, newer roof, updated plumbing, and fresh interior paint. The permitted 500 sq. ft. ADU offers 1 bedroom and 1 bathroom and is equipped with an in-unit washer and dryer, range microwave, and ceiling fans. Great opportunity for a first-time homebuyer! This single-family residence features a permitted attached ADU with its private entrance, separate address, and individual utilities-perfect for generating rental income to help offset your monthly mortgage. The ADU is a nicely upgraded 1-bedroom 1-bathroom unit currently rented for $2,200 /month on a month-to-month lease, offering immediate income potential or flexibility for future use. The main house is a 3-bedroom, 3 1/2-bath, 2-car garage, previously rented for $ 3,500 per month. Recent improvements include dual-pane windows, tile flooring, a newer roof, updated plumbing, and fresh interior paint.

3095 L St, Golden Hill
$1,020,000
260007290SD MLS ⋅ Active Status
Located in the heart of Lincoln Park, 6BD 4.5BA versatile duplex offers significant development potential just minutes from downtown San Diego and major highways. The property features a 5-bedroom, 3-bathroom unit and a separate 1-bedroom, 1.5-bathroom apartment. Zoned for up to 65 buildable units and included in the Complete Communities Tier 3 program, this lot presents a rare opportunity for investors to capitalize on San Diego's growing housing demand. This ±10,471 SF development site in Lincoln Park offers a prime investment opportunity. Zoned RM-3-7 and included in the Complete Communities Tier 3 program with a 6.5x FAR, the property allows for up to 65 buildable units totaling 68,061 SF. Lot dimensions are 71’ x 150’ with efficient setbacks of 10' (front) and 5' (rear), and a height limit of 40 ft or up to 7 stories. Located within an Opportunity Zone, it offers tax benefits and is designated as a “Sustainable Development Area,” making it attractive for high-density, eco-friendly projects. With easy access to I-805 and SR-94, this site stands out as a compelling investment in a rapidly evolving neighborhood. The property is constructed with a wood frame and stucco, offering seven parking spaces. It is zoned RM-3-7, allowing for residential multi-unit development and inclusion in the Complete Communities Tier 3 program, which supports potential future redevelopment. The site is part of a sustainable development area and is located in an Opportunity Zone, providing potential tax benefits. Additionally, the property has been upgraded over the years to enhance its appeal and functionality.

330 Willie James Jones Ave, Golden Hill
$1,298,000
260001464SD MLS ⋅ Active Status
Your Chance to Own an Income-Producing 4-Unit in the Heart of Sherman Heights. Welcome to 2567–69 L Street, an exceptional opportunity to acquire a well-located multifamily property just blocks from Downtown San Diego. Perfectly positioned within walking distance to restaurants, bars, and cafés, this property combines strong current income with significant value-add potential. The property sits on a large 7,089 sq. ft. lot, offering owner occupy or investors the option to build up or add an additional unit utilizing the existing garage. Current rents are below market, presenting immediate upside in rental income. The community consists of four units across two buildings, totaling 2,468 rentable sq. ft.: One 3 bed / 1 bath unit Two 2 bed / 1 bath units One 1 bed / 1 bath non-conforming unit Select units have already been upgraded with new tile flooring and new kitchen. Walkable neighborhood to downtown, staple restaurants like Turf Club and other fun bars and restaurants.

2567 69 L Street, Golden Hill

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.