List Price: $1.13M

Listing Status: Active

Original List Price: $1.2M

Days on Market: 26

4 Bedrooms · 2 Bathrooms · 1,279 sq ft

Property Type: Residential

Year Built: 1959

Lot Size: 6,400 sq ft

Garage Spaces: 1

Private Pool: Yes

MLS Number: PTP2602147

About This Property

This property presents a rare chance to capitalize on San Diego's thriving rental market — and uniquely, it starts generating income from day one. The existing 1,279 SF front home has been fully remodeled from top to bottom — new kitchen, bathrooms, flooring, owner solar with tesla battery and more — and is currently tenant-occupied, meaning an incoming buyer steps into immediate cash flow while the ADU plans work through the approval process. Plans for four brand-new ADUs — two 650 SF and two 430 SF units across two detached duplexes — are well into the approval process, giving an incoming buyer a significant head start toward five total income-producing units on a single lot, without the years of groundwork typically required to get here. The design is thoughtful and built to attract quality tenants from day one — modern finishes, private entries, in-unit laundry, and efficient ductless HVAC in every unit. Once stabilized, the project is positioned to generate strong monthly cash flow across all five units in a neighborhood where rental demand is consistent, vacancy is low, and new construction commands a premium. Tucked in the heart of Clairemont Mesa with frontage on both Barstow Street and Roscrea Avenue, the property is minutes from USD, UCSD, Mission Bay, Fashion Valley, and every major employment corridor in the county via the I-5 and I-805 — the kind of location that makes units easy to fill and easy to keep filled. Whether you're a seasoned developer ready to carry the plans across the finish line or a growing investor looking to build a high-performing multi-unit asset, the hard work here is already well underway. A straightforward opportunity in one of San Diego's most dependable rental neighborhoods.

Property Photos