32.730739 -117.102088
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Listed by Rise Realty, Ava Khamooshi. [email protected]

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2351 Modesto STSan Diego, CA 92105

Active
$1,200,000
0
0 SqFt

CITY HEIGHTS DUPLEX | R-2 ZONED | IMMEDIATE INCOME + EXTRAORDINARY DEVELOPMENT UPSIDE Few opportunities arrive with this much aligned in your favor. A fully remodeled, income-producing R-2 zoned duplex on a 5,178 square foot lot, positioned in the heart of one of San Diego's most powerfully appreciating urban corridors, this is the kind of generational asset that sophisticated investors recognize immediately and move on decisively. City Heights is not emerging. It has emerged. The Mid-City submarket is experiencing a transformation that is redefining land values, reshaping the streetscape, and rewarding those who had the vision to act early. This property does not sit on the sidelines of that story. It sits at the center of it. Both units were comprehensively remodeled in 2022 to a standard that today's discerning residents expect and deserve. The upper level unfolds across approximately 950 square feet of beautifully appointed living space, offering 2 bedrooms, 1 bathroom, a sweeping open concept layout, custom quartz countertops, a stylish breakfast bar, stainless steel appliances, and the coveted convenience of in-unit laundry. The lower unit presents approximately 850 square feet of equally refined living, with 2 bedrooms, 1 bathroom, a private fenced yard that creates a genuine sense of arrival, and a dedicated laundry closet. Both residences feature individually fenced outdoor retreats and climate controlled comfort through wall and window air conditioning. These are not afterthought finishes. They are the details that attract quality long term residents and keep them. The leases in place and the income figures speak for themselves. The investment opportunity extends well beyond today's cash flow. The R-2 designation, layered with the City of San Diego's landmark ADU ordinance and its aggressive multi-family densification framework, transforms this lot into a genuine development platform. The paths forward are multiple and meaningful. Add accessory dwelling un


FACTS & FEATURES

  • Property Type:
    Residential Income
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    0
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    0 SqFt
  • Lot Size:
    0.12 Acres
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  • Year Built:
    1963
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    Garage or Parking Spaces: 0
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  • Area:
    92105 - East San Diego
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  • Senior Community:
    False
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LOCATION


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Listing Office: Rise Realty. Listing Agent: Ava Khamooshi. Listing ID: NDP2603053

Last Updated April 28, 2026 6:01 PM
Data last checked against CRMLS on June 14, 2026 6:50 PM

Based on information from California Regional Multiple Listing Service, Inc. as of June 14, 2026 6:50 PM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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