2624 Comstock Street, San Diego, CA 92111
2624 Comstock Street, San Diego, CA 92111
2624 Comstock Street, San Diego, CA 92111
29
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$1,199,000
Est. payment /mo
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4 Beds
3 Baths
1,314 SqFt
New

2624 Comstock Street San Diego, CA 92111

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YourWayHome Team

YourWayHome Team

Fathom Realty & YourWayHome

+1(303) 554-7652

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,314 sqft

Price per Sqft $912

MLS Listing ID PTP2602930

Bedrooms 4

Full Baths 3

Year Built 1946

Lot Size 4,900 Sqft

Property Sub-Type Detached

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, 2624 Comstock is a straightforward opportunity at an attractive price point.

Location

State CA

County San Diego

Zoning RM-1-1

Direction From the 163 N, exit Balboa Ave heading west. Continue on Balboa Ave to Comstock St, turn left. Property is on the right.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Garage Spaces 2.0

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Level or Stories 1

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 4317100100

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2602930

MLS Router / San Diego MLS
Listed by Christian Ballow, DRE#02046669 Gene Bowman Realty 

NEARBY SCHOOL & BUSINESS

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YourWayHome Team

YourWayHome Team

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+1(303) 554-7652

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2624 Comstock Street