DUPLEX OPPORTUNITY! Rare value-add and development opportunity in one of San Diego's rapidly growing urban neighborhoods. Situated on a R-2 zoned lot, this property offers exceptional upside potential for investors, developers, or owner-occupants seeking long-term value and income growth. The property's flexible zoning allows multiple by-right development options, including the potential to add 2 additional dwelling units, creating a compelling opportunity for expanded rental income and future appreciation. The existing duplex requires renovation, making it ideal for a value-add repositioning, house-hack investment, or long-term redevelopment strategy in the high-demand 92102 market. With increasing rental demand, rising neighborhood values, and strong multifamily comparable sales nearby, this property presents an attractive opportunity to acquire a centrally located San Diego asset with ADU potential and significant upside at pricing difficult to replicate below today's replacement costs.
| MLS # | 260012263SD |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2020 |
| Days On Site | 119 |
| Listing Provided By | eXp Realty of California, Inc. | Guillermo Carrillo |
| Units | 2 |
|---|---|
| Building(s) | 1 |
| Zoning | R-2 |
| Acreage | 0.12 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92102 |
| Area | 92102 San Diego |
| Community Name | Logan Heights |
| Listing VS Median (in Logan Heights) | |
Price: $650,000 low | high Med: $0 On site: 119 low | high Med: | |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92102 |
| Area | 92102 San Diego |
| Community Name | Logan Heights |
| Listing VS Median (in Logan Heights) | |
Price: $650,000 low | high Med: $0 On site: 119 low | high Med: | |