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About the Listing 16815 - 126228
Rare turnkey development opportunity featuring fully entitled and already issued permitted approvals. This 0.18-acre parcel in the desirable Rolando Park neighborhood contains an already fully renovated single-family residence with all necessary permits and fees paid for construction of seven new residential units (3,783 SF total) using the ADU bonus program. With permits already in hand, this opportunity drastically reduces entitlement risk and soft costs, allowing developers to move directly into vertical construction on day one. Finished plans call for seven units (6 new) comprising four 1-bedroom/1-bathroom apartments, two 2-bedroom/1-bathroom apartments, and one 2-bedroom/1-bathroom single-family home (existing), projecting $18,000 per month in gross income. Located in the prime Rolando Park neighborhood, the property offers a walkable setting with easy access to San Diego State University, quality retail, dining, and the I-94 corridor. This centrally located San Diego submarket continues to experience persistently high housing demand, positioning this project perfectly for immediate production and strong returns.
Listing Highlights for 4130 Vista Grande Dr
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other: Bedroom on Main Level
- Water:
Exterior Details
- Lot Description: Value In Land,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 2
- Zoning: RS-1-7
- Roof:
- Others: Has ADU
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4732620900
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
4130 Vista Grande Dr San Diego, CA 92115
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