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Permits ready to issue on an approved 2-unit project in the heart of SDSU's rental corridor "” plans are approved and entitlements are in hand, zoned RS-1-7 within the SDA, TPA, and College Community Plan. No entitlement risk, no waiting; approved plans convert the existing SFR into a 5BD/3BA ADU and 6BD/2.5BA SFD totaling 3,048 SF across two large-format units purpose-built for the student rental market. Once stabilized, the project is projected to generate $15,050/month in gross rental income. Phase 2 presents a clear path to adding a 3rd unit by-right in the rear, unlocking additional density and income upside beyond what's already approved.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 5/27/2026 | Tract | San Diego |
|---|---|---|---|
| Year Built | 0 | Community | 92115 - San Diego |
| County | San Diego |
Additional Details
| AREA | 92115 - San Diego |
|---|---|
| LOT | 0 |
| LOT DESCRIPTION | Level |
| SUBDIVISION | San Diego |
| UTILITIES | See Remarks |
| WATER | See Remarks |
Location
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Listed with Landmark Multifamily and Development
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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