$1,079,000
About this home
Rare 4-unit investment opportunity across from Teralta Park offering strong in-place income and long-term upside. Corner lot property featuring two original studio units and two newly constructed ADUs (4208) completed in 2024 with final sign-off—both currently leased. Unit mix includes two studios and two 1-bedroom units (approx. 320–448 sq ft), providing a diversified rental profile. Total current gross income of $6,775/month, including $625/month from a Clear Channel billboard lease. Property includes 4 separate meters for clean utility separation and operational efficiency. One unit has been recently updated, with additional value-add potential in the remaining original units. Commercial zoning offers potential future redevelopment opportunities (buyer to verify with City). Centrally located in a high-demand rental area with convenient access to freeways, public transit, and local amenities. Ideal for investors seeking a blend of stabilized income, new construction, and upside potential. Do not disturb tenants.
Facts & features
- Bathrooms
- 0
- Cooling
- Heat Pump
- Levels
- One
- Lot size
- 0.059 acres (2,584 sq ft)
- Year built
- 1936
- Area
- 92105 - East San Diego
- County
- San Diego
- Status
- Active
- Property type
- Residential Income
- Days on market
- 0
- Listed
- 2026-07-15
- Terms
- Cash, Conventional, FHA, Va Loan
- Parcel #
- 4472801800
- MLS #
- 260017247SD
