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Key Facts

Type 
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 32
Approx. Age 1940
MLS® Number 250023914SD

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Unlock the full potential of this ideally located triplex in one of San Diego’s most promising growth corridors. Situated on a nearly 8, 000 SF lot with alley access, this income-generating property offers immediate cash flow and serious upside. Currently configured as a charming 1940s Spanish-style front home plus two rear units, the property generates $7, 530/month in rental income. The front 3BD/2BA home leased at $3, 590/month through 9/2025, with two updated 1BD/1BA units leased through 10/2025. Each unit features updated kitchens and baths, modern vinyl flooring, private fenced patios, and in-unit laundry. But the true value lies in what’s next. The owner has completed architectural plans and surveys for a 950 SF 4th unit—a 2BD/1BA with an attached 2-car garage and 3 additional carport spaces off the alley. Plans are ready to submit for permits, and new zoning may allow for up to 6 units total. Whether you’re looking to build out now or hold for future development, this is a rare opportunity to expand your portfolio in a high-demand rental area just minutes from SDSU, transit lines, and major redevelopment zones. Newer white reflective roofs (2018), updated interiors, and flexible layout also make this a great owner-occupant option—live in the front, build and cash-flow the back. Don’t miss this chance to invest in long-term appreciation, passive income, and scalable development potential in a location poised for explosive growth. Unit Living Space divided approximately as follows per appraisal 2023 Main Home 6934 - 1002sf Middle (Smaller) Casita - 454sf Rear Casita (On Alley) - 550sfShow Description
MLS® Number250023914SD
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Natural Gas, Zoned
A/CHeat Pump, Zoned
Heating Fuel

Extras

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