1224 27th St San Diego, CA 92102
Golden Hill NeighborhoodEstimated payment $4,558/month
Highlights
- Golf Course Community
- Corner Lot
- Hiking Trails
- City Lights View
- No HOA
- Park
About This Lot
Shovel-ready ADU development opportunity in San Diego. 2,153 SF corner lot with alley access, zoned RM-2-5, with approved plans for (2) new two-story ADUs and on-site carport parking. Architectural and structural plans are complete and transferable, providing a clear path to construction and value creation. The project features efficient two-story townhome-style units (~960 SF each) with first-floor kitchen/living area, half bath, and in-unit laundry, plus two bedrooms and a full bath on the second level. Each unit includes storage and kitchen pantry, and a 12-foot-wide balcony off the primary bedroom. Excellent infill location with strong rental demand and projected total rents of approximately $6,000–$7,000/month upon completion. Ideal for investors, ADU developers, or 1031 buyers seeking new-construction upside. Located in prime Golden Hill, just two blocks south of Balboa Park Golf Course, walkable to restaurants, coffee shops, retail, and transit, and minutes to Downtown/Gaslamp, Balboa Park & Zoo, Coronado, Old Town, and San Diego International Airport. 1224 27th has a Walk Score of 87 out of 100. This location is Very Walkable so most errands can be accomplished on foot. Nearby parks include Grape Street Off-Leash Area, Grant Hill Park and Grant Hill Park.
Listing Agent
Top Gun CRE Brokerage Email: maxd@topguncre.com License #01964069 Listed on: 01/28/2026
Property Details
Property Type
- Land
Lot Details
- 2,153 Sq Ft Lot
- Corner Lot
- Level Lot
- Value in Land
- Property is zoned RM-2-5
Property Views
- City Lights
- Golf Course
- Park or Greenbelt
Location
- Urban Location
Listing and Financial Details
- Assessor Parcel Number 5341621900
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Park
- Hiking Trails
- Bike Trail
- Exterior Lighting
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,100 | $675,000 | $646,875 | $28,125 |
| 2024 | $1,100 | $83,281 | $58,304 | $24,977 |
| 2023 | $1,072 | $81,649 | $57,161 | $24,488 |
| 2022 | $1,044 | $80,049 | $56,041 | $24,008 |
| 2021 | $1,035 | $78,481 | $54,943 | $23,538 |
| 2020 | $1,022 | $77,677 | $54,380 | $23,297 |
| 2019 | $1,005 | $76,155 | $53,314 | $22,841 |
| 2018 | $942 | $74,663 | $52,269 | $22,394 |
| 2017 | $80 | $73,200 | $51,245 | $21,955 |
| 2016 | $904 | $71,766 | $50,241 | $21,525 |
| 2015 | $890 | $70,689 | $49,487 | $21,202 |
| 2014 | $878 | $69,305 | $48,518 | $20,787 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2026 01/28/26 | For Sale | $860,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $675,000 | Fidelity National Title | |
| Grant Deed | $600,000 | Fidelity National Title | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,105,128 | Construction | |
| Previous Owner | $500,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2600707
APN: 534-162-19
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Based on information from California Regional Multiple Listing Service, Inc. 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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