This property presents a rare chance to capitalize on San Diego’s thriving multifamily market. This site offers significant scale for a developer looking to maximize returns. Currently, 10 units are in the permitting process, giving an incoming buyer a valuable head start while still leaving room to unlock the full potential of the lot. The location and zoning make this an ideal opportunity for an experienced builder or developer to execute at scale, or for a growing investor ready to step into their first major project. With strong demand for new housing in San Diego and limited infill opportunities of this size, this site represents both immediate momentum and long-term upside. Whether you choose to move forward with the existing plans or pursue the full 44-unit vision, this property offers the flexibility, scale, and timing to deliver exceptional results. Centrally located, close to Fashion Valley, SeaWorld, USD and beaches with easy freeway access. This property is ideally positioned to attract stable, long-term and short-term tenants.
New construction
Listed by: Gene Bowman Realty • Christian Ballow • Contact: Christian@genebowman.com
Price cut: $100K (7/17)
$1,300,000
2249-51 Dunlop St, San Diego, CA 92111
4beds
3baths
1,248sqft
:
Get pre-qualified$8,659/mo
Multi Family
Built in 1941
-- sqft lot
$1,291,300 Zestimate®
$1,042/sqft
$-- HOA
What's special
- 327 days |
- 627 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Christian Ballow DRE #02046669 Christian@genebowman.com,
Gene Bowman Realty
Source: CRMLS,MLS#: PTP2600716
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Appliances
- Laundry: Laundry Closet
Features
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
Video & virtual tour
Property
Features
- Entry location: front, side
- Pool features: None
Lot
- Size: 0.35 Acres
- Features: Back Yard, Front Yard, Landscaped, Yard
Details
- Parcel number: 4320700400
- Zoning: RM 2-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: Yes
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $1,042/sqft
- Tax assessed value: $51,450
- Annual tax amount: $1,170
- Date on market: 1/28/2026
- Cumulative days on market: 328 days
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
$1,291,300
$1.23M - $1.36M
$3,344/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $1,300,000-7.1%$1,042/sqft |
Source:  CRMLS #PTP2600716 Report a problem | ||
| 5/12/2026 | Price change | $1,400,000-6.7%$1,122/sqft |
Source: CRMLS #PTP2600716 Report a problem | ||
| 3/27/2026 | Price change | $1,500,000-6.2%$1,202/sqft |
Source: CRMLS #PTP2600716 Report a problem | ||
| 3/11/2026 | Price change | $1,599,000-4.5%$1,281/sqft |
Source: CRMLS #PTP2600716 Report a problem | ||
| 1/28/2026 | Listed for sale | $1,675,000+68.3%$1,342/sqft |
Source: CRMLS #PTP2600716 Report a problem | ||
| 1/31/2025 | Sold | $995,000$797/sqft |
Source: CRMLS #PTP2500310 Report a problem | ||
| 1/14/2025 | Pending sale | $995,000$797/sqft |
Source: CRMLS #PTP2500310 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,170 +88.8% | $51,450 +2% |
| 2024 | $620 +2.5% | $50,442 +2% |
| 2023 | $605 +3.3% | $49,454 +2% |
| 2022 | $586 +1.9% | $48,486 +2% |
| 2021 | $575 +2.2% | $47,537 +1% |
| 2020 | $562 +16.6% | $47,051 +2% |
| 2019 | $482 -6.2% | $46,129 +2% |
| 2018 | $514 +2.6% | $45,226 +2% |
| 2017 | $501 +3.4% | $44,340 +2% |
| 2016 | $485 +1.6% | $43,471 +1.5% |
| 2015 | $477 +1.6% | $42,819 +2% |
| 2014 | $470 | $41,981 +0.5% |
| 2013 | -- | $41,792 +2% |
| 2012 | -- | $40,974 +2% |
| 2011 | -- | $40,172 +0.7% |
| 2010 | -- | $39,873 -0.2% |
| 2009 | -- | $39,969 +2% |
| 2008 | -- | $39,186 +2% |
| 2007 | -- | $38,418 +2% |
| 2006 | -- | $37,665 +2% |
| 2005 | -- | $36,927 +2% |
| 2004 | -- | $36,204 +1.9% |
| 2003 | -- | $35,541 +2% |
| 2002 | -- | $34,845 +2% |
| 2001 | -- | $34,163 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Linda Vista
Nearby schools
GreatSchools rating
- 3/10Carson Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Montgomery Middle SchoolGrades: 6-8Distance: 0.3 mi
- 9/10Kearny Digital Media & Design SchoolGrades: 9-12Distance: 1.1 mi
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- $--2 bd2 ba980 sqft2291 W Dunlop St #2F1A34FF6, San Diego, CA 92111Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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