$2,150,000
$175K PRICE DROP

2173 Burroughs St Unit 81 San Diego, CA 92111

Linda Vista Neighborhood

Estimated payment $14,162/month

Total Views 5,264
12 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime Development Opportunity in the Heart of San Diego – Welcome to 2173 Burroughs Street, a rare investment opportunity located in the highly sought-after Linda Vista neighborhood. This property sits in a Complete Communities and Sustainable Development area, offering exceptional zoning benefits that open the door for high-density residential development. Whether you're an investor, developer, or savvy buyer, this is your chance to capitalize on one of San Diego’s most progressive urban planning initiatives. PLEASE DO NOT WALK ON THE PROPERTY OR DISTURB THE TENANTS.

Last Listed By

Kevin Scudelari

South Coast Commercial, Inc. License #02062391 Listed on: 04/14/2025

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 0.42 Acre Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units
  • Net Operating Income $61,197

Listing and Financial Details

  • Assessor Parcel Number 432-060-20-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Tait Street
  • Neighborhood: Linda Vista
  • LP / Sq Ft: 21.68
  • Miscellaneous: Value in Land
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1941
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Community: LINDA VISTA

Lot Info

  • Lot Size: .25 to .5 AC
  • Zoning: RM-2-5
  • Assessor Parcel Number: 432-060-20-00
  • Estimated Lot Sq Ft: 18379

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 61197
  • Annual Expense Actual: 40885
  • Gross Rent Multiplier Actual: 20.8
  • Gross Rent Multiplier Projected: 15.1
  • Gross Sched Income Actual: 103200
  • Gross Sched Income Projected: 142332
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 350

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Price Changed $2,150,000 -7.5% --
04/14/2025 04/14/25 For Sale $2,325,000 -- --
Source: San Diego MLS

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    • 5 Baths
    • 4,200 Sq Ft
    • 2201-7 Burroughs St
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    2201-7 Burroughs St offers a rare value-add opportunity on a large 16,372 SF lot in the heart of Linda Vista. The property consists of four spacious units — one 4-bedroom/2-bath and three 3-bedroom/1-bath — with strong rental demand in the immediate area. Existing rents are well below market, creating clear and significant upside potential through strategic improvements and management. Zoned

    Jason Lee Nara Advisors, Inc.

    Section Image

Source: San Diego MLS

MLS Number: 250024468

San Diego MLS

APN: 432-060-20-00