2624 Comstock ST, San Diego, CA 92111
2624 Comstock ST, San Diego, CA 92111
2624 Comstock ST, San Diego, CA 92111
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Christian Ballow, DRE #02046669 • Gene Bowman Realty
$1,100,000
Est. payment /mo
4 Beds
3 Baths
1,314 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,314 sqft

Price per Sqft $837

MLS Listing ID CRPTP2602930

Bedrooms 4

Full Baths 3

Year Built 1946

Lot Size 4,900 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

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 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, 262

Location

State CA

County San Diego

Area 92111 - Linda Vista

Zoning RM-1-1

Interior

Cooling Central AC

Fireplaces Type None

Laundry Other

Exterior

Garage Spaces 2.0

Pool None

View Local/Neighborhood

Building

Story One Story

Others

Tax ID 4317100100

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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2624 Comstock ST

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