4130 Vista Grande Drive, San Diego, CA 92115
4130 Vista Grande Drive, San Diego, CA 92115
4130 Vista Grande Drive, San Diego, CA 92115
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by TJ Kirchoff • LPT Realty
$995,000
Est. payment /mo
2 Beds
1 Bath
806 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 806 sqft

Price per Sqft $1,234

MLS Listing ID 8N-2608807

Bedrooms 2

Full Baths 1

Year Built 1951

Lot Size 7,700 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Rare turnkey development opportunity featuring fully entitled and already issued permitted approvals. This 0.18-acre parcel in the desirable Rolando Park neighborhood contains an already fully renovated single-family residence with all necessary permits and fees paid for construction of seven new residential units (3,783 SF total) using the ADU bonus program. With permits already in hand, this opportunity drastically reduces entitlement risk and soft costs, allowing developers to move directly into vertical construction on day one. Finished plans call for seven units (6 new) comprising four 1-bedroom/1-bathroom apartments, two 2-bedroom/1-bathroom apartments, and one 2-bedroom/1-bathroom single-family home (existing), projecting $18,000 per month in gross income. Located in the prime Rolando Park neighborhood, the property offers a walkable setting with easy access to San Diego State University, quality retail, dining, and the I-94 corridor. This centrally located San Diego submarket continues to experience persistently high housing demand, positioning this project perfectly for immediate production and strong returns.

Location

State CA

County San Diego

Area 92115 - San Diego

Zoning RS-1-7

Interior

Cooling Central Air

Fireplaces Type None

Laundry In Garage

Exterior

Garage Spaces 1.0

Pool None

Community Features Sidewalks

View Y/N Yes

Building

Lot Description Value In Land

Sewer Public Sewer

Others

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner License ID: 01200900

Broker/Owner License ID: 01200900

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4130 Vista Grande Drive