Fixer with development potential for 7 units! Short Sale, Lender approved at $600k, cannot entertain offers below $600k. Cash or Hard Money only. This value-add property includes City San Diego submitted plans to convert the existing single-family residence into 2 residential units, constructing 4 new detached ADUs, and completing 1 garage conversion ADU for a total of 7 units. Save months of planning and pre-development time with plans already prepared for a project designed for today's high-demand infill housing market. The property features valuable alley access; providing excellent functionality for construction, access, and future unit layout. Whether you're looking to build a long-term rental portfolio, create a high-performing income-producing asset, or capitalize on the strong demand for new housing, this project offers a rare opportunity to acquire a development that's ready for its next phase.
Listed by:
Honeybee Realty
Source:
CRMLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Aug 20, 2026 | 15 days ago | Price decreased49,001 (8%) | $599,999 |
| Jul 30, 2026 | 1 mo ago | New on market | $649,000 |