Courtesy of Fine & Coastal Real Estate, Sarah E Ward 858-431-6043
Property Description
Incredible opportunity in the College Area—perfect for investors, developers, or anyone looking to capitalize on the upcoming rezone. This 3-bedroom, 2-bath home sits on a usable lot with a private driveway that fits three cars tandem plus a detached 2 car garage for storage, a studio conversion, or future ADU potential. The property is part of the neighborhood rezone expected to pass in December, and the lot size supports the ability to build multiple units (buyer to verify). Live in it, rent it as-is, or redevelop the entire lot—the options are wide open. The home is currently operating as a short-term rental, giving you the option to generate income immediately while you plan your permits, entitlements, or future construction. Inside, the property offers classic College Area charm with original hardwood floors, large picture windows that fill the living and dining rooms with natural light, and a spacious galley-style kitchen with ample storage and counter space. The private yard features mature fruit trees, including a producing pomegranate tree and a large passionfruit vine. Located just off College Ave and Montezuma, this home is walking distance to SDSU, nightlife, shops, and restaurants—making it an ideal student rental or long-term investment. A rare chance to secure cash flow now and major redevelopment potential later.
Open House
Property Details and Features
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Appliances & Equipment
- “Dishwasher”
- “Dryer”
- “Refrigerator”
- “Washer”
- “Gas Range”
- “Counter Top”
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Bathrooms
- 2 total bathrooms
- 2 full bathrooms
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Bedrooms
- 3 total bedrooms
- 3 possible bedrooms
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Building
- Built in 1950
- Building area total: 1329
- 1 story total
- Living area: 1329
- Living area units: Sqft
- Building area units: Sqft
- “Stucco”
- “1 Story”
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Cooling
- “Central Forced Air”
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Fence
- “Full”
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Garage
- 2 spaces
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Water Features
- Water source: “Meter on Property”
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Heating
- “Forced Air Unit”
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Laundry
- “Gas”
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Listing
- Listing ID: 250045226
- List price: $1,250,000
- 11 days on market
- Listing contract date: 2025-12-05
- MLS area major: Metro Uptown
- Special listing conditions: “N/K”
- “Cash”
- “Conventional”
- “FHA”
- “VA”
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Location
- Subdivision: SAN DIEGO
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Lot
- 5,800 size sqft
- Size area: 0.13
- Size units: Acres
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Parking
- Total: 5
- “Detached”
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Pool
- “N/K”
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Property
- Property subtype: Detached
- Property type: Residential
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Roof
- “Composition”
-
Sewer
- “Sewer Connected”
