2201-07 Burroughs St, San Diego, CA 92111
Local realty services provided by:Better Homes and Gardens Real Estate Registry
Listed by:jeffrey m discher
Office:exp realty of southern california, inc.
MLS#:250038727
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,985,000
- Price per sq. ft.:$472.62
About this home
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.
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Home facts
- Year built:1941
- Listing ID #:250038727
- Added:18 day(s) ago
- Updated:October 01, 2025 at 07:32 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:5
- Full bathrooms:5
- Living area:4,200 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1941
- Building area:4,200 sq. ft.
Utilities
- Water:Meter on Property
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,985,000
- Price per sq. ft.:$472.62
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