Property listed by Gene Bowman Realty, Christian Ballow [email protected]
$1,199,000
2624 Comstock Street is a fully permitted 5-unit development opportunity in Linda Vista — ADU permits approved and RTI by the City of San Diego. The hard work is done. No permitting risk. No design delays. No waiting on the city. The back-of-lot build consists of four brand-new ADUs… Read More across two 2-story buildings (2,160 SF total): two 1BD/1BA units at 430 SF and two 2BD/1BA units at 650 SF — each with in-unit laundry, ductless mini-split HVAC, and private decks on upper units. At market rents, the four ADUs project to $9,400–$10,400/month in gross income upon stabilization. Combined with the front home's current lease at $4,095/month, this property pencils to up to $15,000/month in total gross rents — all on a single APN. While you build, the front home carries you. Completely remodeled from the studs up — new roof, new HVAC, new windows, new doors, new kitchen, new bathrooms, and new flooring throughout. Currently tenant-occupied at $4,095/month with immediate cash flow from day one. Shovel-ready permits, a fully remodeled front home generating $4,095/month in current rent, and a clear path to $15,000/month in gross income upon ADU completion — all on a single APN in Linda Vista. For a developer or investor looking for a turnkey entry into a high-demand San Diego submarket, 2624 Comstock is a straightforward opportunity at an attractive price point. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
4
Full Baths
3
Square Ft.
1,314
Lot Size
0.11 Acres
Year Built
1946
MLS Number
PTP2602930
Additional Details
Building
Built in 1946, Living area: 1314.0, 1 storey, Levels: One, Entry level: 1, Entry location: Front door
Community
Curbs
Cooling
CentralAir
Fireplaces
None
Garage
2 spaces
Home Owner's Association
Association Fee: $0
Interior Features
AllBedroomsDown
Laundry
Inside
Lot
0.1125 acres, Yard
Parking
2 total parking spaces
Pool
None
Property
Neighborhood
Sewer
PublicSewer
Taxes
Parcel Number: 4317100100, Zoning: RM-1-1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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