2249-51 W Dunlop St San Diego, CA 92111
Linda Vista NeighborhoodEstimated payment $9,425/month
Highlights
- Newly Remodeled
- Private Yard
- Laundry Room
- 0.35 Acre Lot
- No HOA
- Landscaped
About This Home
This property presents a rare chance to capitalize on San Diego’s thriving multifamily market. Up to 44 units may be built on this site, offering significant scale for a developer looking to maximize returns. Currently, 10 units are in the permitting process, giving an incoming buyer a valuable head start while still leaving room to unlock the full potential of the lot. The location and zoning make this an ideal opportunity for an experienced builder or developer to execute at scale, or for a growing investor ready to step into their first major project. With strong demand for new housing in San Diego and limited infill opportunities of this size, this site represents both immediate momentum and long-term upside. Whether you choose to move forward with the existing plans or pursue the full 44-unit vision, this property offers the flexibility, scale, and timing to deliver exceptional results. Centrally located, close to Fashion Valley, SeaWorld, USD and beaches with easy freeway access. This property is ideally positioned to attract stable, long-term and short-term tenants.
Listing Agent
Gene Bowman Realty Brokerage Email: Christian@genebowman.com License #02046669 Listed on: 08/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $620
Year Built
- Built in 1941 | Newly Remodeled
Lot Details
- 0.35 Acre Lot
- 1 Common Wall
- Landscaped
- Private Yard
- Back and Front Yard
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 1,248 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- No Heating
Listing and Financial Details
- Tax Lot 432-070-04-00
- Tax Tract Number 88
- Assessor Parcel Number 4320700400
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Net Operating Income $52,200
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 | $620 | $51,450 | $24,454 | $26,996 |
| 2024 | $620 | $50,442 | $23,975 | $26,467 |
| 2023 | $605 | $49,454 | $23,505 | $25,949 |
| 2022 | $586 | $48,486 | $23,045 | $25,441 |
| 2021 | $575 | $47,537 | $22,594 | $24,943 |
| 2020 | $562 | $47,051 | $22,363 | $24,688 |
| 2019 | $548 | $46,129 | $21,925 | $24,204 |
| 2018 | $514 | $45,226 | $21,496 | $23,730 |
| 2017 | $80 | $44,340 | $21,075 | $23,265 |
| 2016 | $485 | $43,471 | $20,662 | $22,809 |
| 2015 | $477 | $42,819 | $20,352 | $22,467 |
| 2014 | $470 | $41,981 | $19,954 | $22,027 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2025 10/23/25 | Price Changed | $1,775,000 | -5.3% | $1,422 / Sq Ft | |
| 10/07/2025 10/07/25 | Price Changed | $1,875,000 | -6.0% | $1,502 / Sq Ft | |
| 08/21/2025 08/21/25 | For Sale | $1,995,000 | +100.5% | $1,599 / Sq Ft | |
| 01/31/2025 01/31/25 | Sold | $995,000 | 0.0% | $797 / Sq Ft | View Prior Sale |
| 01/13/2025 01/13/25 | For Sale | $995,000 | -- | $797 / Sq Ft | |
| 01/10/2025 01/10/25 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $995,000 | Ticor Title | |
| Quit Claim Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,051,020 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2506397
APN: 432-070-04
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