REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Angel Ramirez

angel@ramirezrealtygroup.com +1(619) 818-4318

$ 1,599,000

Est. payment | -/mo

Save Virtual Tour

$ 1,599,000

Est. payment | -/mo

Save Virtual Tour

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 260013430SD

HOA Y/N No

Year Built 1975

Property Description

Opportunity Knocks! Exceptional investment and development opportunity in a highly sought-after location just a short walk to USD. This unique property features two spacious 3-bedroom, 2-bath condos situated toward the rear of the lot, creating immediate rental income while preserving future development potential. The existing improvements offer flexibility for investors, developers, and owner-users alike. Continue generating income from the current units while exploring opportunities to maximize the property's highest and best use. The positioning of the buildings on the lot may provide additional development options, making this an ideal hold-and-develop asset. The garages present potential conversion opportunities or possible ADU configurations, subject to buyer verification and city approval. Located in one of San Diego's strongest rental markets, the property benefits from close proximity to USD, Mission Bay, beaches, shopping, dining, major employment centers, and convenient freeway access. Demand for housing in this area remains consistently strong, making this an attractive opportunity for both short- and long-term investors. Whether you're looking to generate cash flow today, add value through improvements, or pursue future development, this property offers a rare combination of location, income, and upside potential. See attached Development Opportunity Analysis for additional information regarding possible future uses and development scenarios. Buyer to verify all information.

Location

State CA

County San Diego

Area 92110 - Old Town Sd

Building/Complex Name Silver Terrace Addition

Zoning R-3-7

Interior

Heating Combination

Cooling None

Fireplace No

Exterior

View Y/N No

Roof Type Rolled/Hot Mop

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 43655103(01 & 02)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260013430

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Lanz Correia Coldwell Banker West #01883404

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 818-4318

angel@ramirezrealtygroup.com

310 Third Ave Suite # C-3, Chula Vista, California 91910, United States

5419 Lauretta St Apt A &B San Diego, CA 92110

Angel Ramirez

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

5419 Lauretta St Apt A &B