Listed by Christian Ballow, 619-207-7601 from Gene Bowman Realty
(If provided) CoList: from
This property presents a rare chance to capitalize on San Diego's thriving rental market - and uniquely, it starts generating income from day one. The existing 1,279 SF front home has been fully remodeled from top to bottom - new kitchen, bathrooms, flooring, owner solar with tesla battery and more - and is currently tenant-occupied, meaning an incoming buyer steps into immediate cash flow while the ADU plans work through the approval process. Plans for four brand-new ADUs - two 650 SF and two 430 SF units across two detached duplexes - are well into the approval process, giving an incoming buyer a significant head start toward five total income-producing units on a single lot, without the years of groundwork typically required to get here. The design is thoughtful and built to attract quality tenants from day one - modern finishes, private entries, in-unit laundry, and efficient ductless HVAC in every unit. Once stabilized, the project is positioned to generate strong monthly cash flow across all five units in a neighborhood where rental demand is consistent, vacancy is low, and new construction commands a premium. Tucked in the heart of Clairemont Mesa with frontage on both Barstow Street and Roscrea Avenue, the property is minutes from USD, UCSD, Mission Bay, Fashion Valle
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