Property Detail
Description
SHORT-TERM RENTAL DEVELOPMENT OPPORTUNITY | MULTI-UNIT POTENTIAL Value-add investment opportunity with 3 existing units and additional development potential (buyer to verify grandfathering and expansion options). Property is prepped for development with improvements already completed: Graded lot Tree removal completed Utilities in place (septic, well, electricity) Ideal for building a high-performing short-term rental, with projected gross revenue potential of ~$80K+ annually upon stabilization (based on market comps). Investment Highlights: Multiple income streams (3-unit configuration) STR-friendly setup with strong revenue upside Significant tax advantages through depreciation and cost segregation strategies Value-add through new construction and site optimization Partnership Opportunity Available: Seller open to 50% equity partnership (~$160K buy-in + development costs) for qualified investors seeking an active STR project. Perfect for investors looking to offset W-2 Income and own stable assets. Call for more detailed information.
Map Location
Listing provided courtesy of Wyeth Bothwell of EXP Realty of California Inc.. Last updated . Listing information © 2025 PACIFICSOTHEBYSFULLSANDICORCOMBINED.
Marlene Kindt
CA DRE #02087349
Brokerage DRE#
7979 Ivanhoe Avenue, Suite 350La Jolla, CA 92037
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Marlene's Phone: 858.757.7710
Brokerage Phone: 858.457.9400
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License: CA DRE #02087349
Brokerage: DRE #01932411
7979 Ivanhoe Avenue, Suite 350 La Jolla, CA 92037
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