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$4,250,000
16 Days On Site

2436 Adams Ave
San Diego, CA 92116

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1942
Built
Subdivision:
University Heights
County:
San Diego
Listed by Joseph Silva of CCG RE Investment Services Inc [email protected]
Call Now: (619) 629-9133
Is this the listing for you? We can help make it yours.
(619) 629-9133
2436 Adams Ave2436 Adams Ave2436 Adams Ave2436 Adams Ave
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Rarely available 2.6-acre infill site in the heart of University Heights — fully occupied and income-producing with major development potential. Located at 2436 Adams Ave, this oversized parcel sits along one of San Diego’s most walkable, amenity-rich corridors, making it an ideal candidate for townhome or multifamily development. The property is currently improved with a remodeled 4-unit configuration: a detached 4BD/4BA home and a three-unit, two-story building of 2BD/2BA units — generating $15,900/month in rental income. All units are updated and leased, providing immediate cash flow during entitlement or planning. Plans for 16 two-story townhomes have already been submitted to the City, saving valuable time in the development process. RM-2-5 zoning under the Complete Communities Overlay increases FAR, density, and reduces parking constraints. Additional land zoned RM-1-1 provides flexibility for future concepts. Developers and investors may purchase this property on its own or combine it with adjacent Arizona Street parcels (also available) to create a 3.14-acre multi-phase project totaling 41 proposed units. This is a rare opportunity to control scale, collect income, and unlock long-term value in one of San Diego’s most sought-after urban neighborhoods.

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Listing Snapshot
Price 
$4,250,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.6 Acres
Year Built 
1942
MLS® Number 
250033776SD
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
2.6
Number Of Stories 
2
Stories 
Two
Zoning 
RM1-1
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Spa 
Yes
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Exterior Features
Fencing 
Partial
Roof 
Composition
Spa 
Yes
Spa Features 
None
Community Features
Financing Terms Available 
CashConventionalFHA
MLS Area 
92116 - Normal Heights


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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