Description

Here's an incredible investment opportunity that combines immediate cash flow with substantial future potential. This fully remodeled property is already a strong performer, featuring two distinct units, each with its own parking and access, ensuring privacy and convenience for tenants. Along with this well-maintained property, you’ll receive an additional 8,811 sqft vacant lot with its own APN right next door, offering enormous upside. The current setup provides an excellent foundation for further development. With the right permits, you can add up to 6 more units: start by securing an as built permit for the existing structure, then consider adding 2 ADUs to the first parcel. The bonus lot opens up even more possibilities, including building a duplex with 2 ADUs. Situated in a secluded location off a private cul-de-sac, this property is conveniently close to Navy bases, Downtown and Bayfront development, providing both tranquility and accessibility. Enjoy usable land and stunning views of Coronado and downtown. This property is a rare find, ready for its next owner to unlock its full potential.