Modern finishesPrivate entriesNew kitchenIn-unit laundry
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.
113 days
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75
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1
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Zillow last checked:
Listing updated:
Listed by:
Christian BallowDRE #02046669Christian@genebowman.com,
Gene Bowman Realty
Source: CRMLS,MLS#: PTP2602147Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Rooms
Room types: Bedroom
Bedroom
Features: All Bedrooms Down
Cooling
Ductless
Appliances
Laundry: Inside
Features
All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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