2201-07 Burroughs StSan Diego, CA 92111
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Strategic Investment with huge upside potential! Current rental income from long-term tenants provides immediate cash flow while you plan the property’s future development. Located in a Complete Communities (CC) zoning area, this site offers a rare opportunity for redevelopment or, at minimum, a value-add rehab with substantial rent growth potential. Lot Size: 16,372 sq.ft. Zoning: RM2-5 + Complete Communities designation Potential Buildable Area: Up to ~65,488 sq.ft. (per CC zoning guidelines) Current Configuration: One 4BR/2BA unit + three 3BR/1BA units Occupancy: Fully leased to long-term tenants with below-market rents Development Potential: Build a multi-story project with canyon views, similar to the new MC Tower Apartments under construction around the corner. Rental Demand: Close proximity to USD, hospitals, and Mission Valley employment hubs supports strong future rental rates. Prime Location: Centrally located near I-5, I-8, and 163 freeways, with quick access to major job centers, universities, and medical facilities.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Status changed to Pending | |
| a month ago | Listing first seen on site |
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Last checked 2025
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