San Diego, CA 92113
$765,000

Mark Quesada
Broker / Owner
DRE #02101365
Detached two-unit duplex in San Diego's Shelltown neighborhood, offering a straightforward value-add opportunity for the right buyer. The property includes a 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit on a 5,927 SF lot, zoned CN-1-3. Current income sits well below market rent, giving a new owner meaningful upside through rent growth alone, with no rezoning or redevelopment required. The site's zoning also suggests potential capacity for a third unit, subject to City verification of parking, setbacks, and other development standards, along with flexibility for small-scale, neighborhood-serving commercial use. Located less than five miles from Downtown San Diego, with easy access to I-5, the San Diego Trolley Blue Line, and the Route 929 bus. Detached two-unit product like this is increasingly hard to find in this corridor. A full video and photography marketing package, including additional photos, rent roll detail, and property information, is available for interested parties. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, zoning, year built, and development potential.
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$5,646/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Ivan Del Muro-Garcia, Lee & Associates
Co-listed by Eric von Bluecher, Lee & Associates
MLS# NDP2607359 · Active
History reflects records reported to the MLS and may be incomplete.