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$1,985,000
Est. payment /mo
0.38 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Linda Vista
MLS Listing ID 250026669SD
HOA Y/N No
Year Built 1941
Lot Size 0.376 Acres
Property Description
2201-7 Burroughs St offers a rare value-add opportunity on a large 16,372 SF lot in the heart of Linda Vista. The property consists of four spacious units — one 4-bedroom/2-bath and three 3-bedroom/1-bath — with strong rental demand in the immediate area. Existing rents are well below market, creating clear and significant upside potential through strategic improvements and management. Zoned RM-2-5 and located within a designated Sustainable Development Area, the property offers additional long-term potential for increased density or redevelopment. With its desirable location, large lot, and flexible zoning, this is an ideal opportunity for investors looking to reposition an asset and/or explore future development options in a growing San Diego submarket. In an area that is quickly gentrifying, this property provides the opportunity to own an asset that will only continue to appreciate over time. Direct access to the I-5, I-8, and SR-163 makes transportation throughout San Diego County and accessibility to major employment hubs in the city seamless. Less than 5 minutes away from major employers in Mission/Fashion Valley and the University of San Diego, the demand to live in the area will always be there whether it's families, students, or young professionals. 2201-7 Burroughs St is the opportunity to own a high upside asset in a high demand area.
Location
State CA
County San Diego
Area 92111 - Linda Vista
Building/Complex Name Linda Vista
Zoning RM-2-5
Interior
Cooling See Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4320601800
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Listed by Jason Lee • JLM Real Estate Inc