Homes for sale - 2201 07 Burroughs St, San Diego, CA 92111

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Angel Ramirez

angel@ramirezrealtygroup.com +1(619) 818-4318

$ 1,985,000

Est. payment | -/mo

0.38 Acres Lot

Save

$ 1,985,000

Est. payment | -/mo

Save

0.38 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Linda Vista

MLS Listing ID 250038727SD

HOA Y/N No

Year Built 1941

Lot Size 0.376 Acres

Property Description

Strategic Investment with huge upside potential! Current rental income from long-term tenants provides immediate cash flow while you plan the property's future development. Located in a Complete Communities (CC) zoning area, this site offers a rare opportunity for redevelopment or, at minimum, a value-add rehab with substantial rent growth potential. Lot Size: 16,372 sq.ft. Zoning: RM2-5 + Complete Communities designation Potential Buildable Area: Up to ~65,488 sq.ft. (per CC zoning guidelines) Current Configuration: One 4BR/2BA unit + three 3BR/1BA units Occupancy: Fully leased to long-term tenants with below-market rents Development Potential: Build a multi-story project with canyon views, similar to the new MC Tower Apartments under construction around the corner. Rental Demand: Close proximity to USD, hospitals, and Mission Valley employment hubs supports strong future rental rates. Prime Location: Centrally located near I-5, I-8, and 163 freeways, with quick access to major job centers, universities, and medical facilities. Strategic Investment with huge upside potential! Current rental income from long-term tenants provides immediate cash flow while you plan the property's future development. Located in a Complete Communities (CC) zoning area, this site offers a rare opportunity for redevelopment or, at minimum, a value-add rehab with substantial rent growth potential. Lot Size: 16,372 sq.ft. Zoning: RM2-5 + Complete Communities designation Potential Buildable Area: Up to ~65,488 sq.ft. (per CC zoning guidelines) Current Configuration: One 4BR/2BA unit + three 3BR/1BA units Occupancy: Fully leased to long-term tenants with below-market rents Development Potential: Build a multi-story project with canyon views, similar to the new MC Tower Apartments under construction around the corner. Rental Demand: Close proximity to USD, hospitals, and Mission Valley employment hubs supports strong future rental rates. Prime Location: Centrally located near I-5, I-8, and 163 freeways, with quick access to major job centers, universities, and medical facilities.

Location

State CA

County San Diego

Area 92111 - Linda Vista

Building/Complex Name Linda Vista

Zoning RM2-5

Interior

Heating See Remarks

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Fence Partial

Pool None

View Y/N Yes

View Panoramic

Roof Type Composition

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4320601800

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Jeffrey Discher eXp Realty of Southern California, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 818-4318

angel@ramirezrealtygroup.com

310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States

2201 07 Burroughs St San Diego, CA 92111