$1,599,000
 $8,584 est/mo Sourced by Back At You

5419 Lauretta St Apt A &b,San Diego, CA 92110

San Diego, CA 92110

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Description

Opportunity Knocks! Exceptional investment and development opportunity in a highly sought-after location just a short walk to USD. This unique property features two spacious 3-bedroom, 2-bath condos situated toward the rear of the lot, creating immediate rental income while preserving future development potential. The existing improvements offer flexibility for investors, developers, and owner-users alike. Continue generating income from the current units while exploring opportunities to maximize the property's highest and best use. The positioning of the buildings on the lot may provide additional development options, making this an ideal hold-and-develop asset. The garages present potential conversion opportunities or possible ADU configurations, subject to buyer verification and city approval. Located in one of San Diego's strongest rental markets, the property benefits from close proximity to USD, Mission Bay, beaches, shopping, dining, major employment centers, and convenient freeway access. Demand for housing in this area remains consistently strong, making this an attractive opportunity for both short- and long-term investors. Whether you're looking to generate cash flow today, add value through improvements, or pursue future development, this property offers a rare combination of location, income, and upside potential. See attached Development Opportunity Analysis for additional information regarding possible future uses and development scenarios. Buyer to verify all information.

Details

MLS #260013430SD
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1975
Days On Site81
Listing Provided ByColdwell Banker West | Lanz Correia

Features

Story(s)2
Units2
Building(s)1
ZoningR-3-7

Interior

CoolingNone
HeatingCombination
Heating Yes / NoYes
Cooling Yes / NoNo

Exterior

RoofRolled Hot Mop

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92110
Area92110 Old Town Sd
Community NameSan Diego
Listing VS Median (in San Diego)
Price:
$1,599,000
low | high
Med:
$0
On site:
81
low | high
Med:
Sourced by Back At You

Market Activity 92110

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Learn More About This Property

StateCA
CountySan Diego
CitySan Diego
Zip Code92110
Area92110 Old Town Sd
Community NameSan Diego
Listing VS Median (in San Diego)
Price:
$1,599,000
low | high
Med:
$0
On site:
81
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.199M - $1.998M
sqft: 0 - 0
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Listing Updated: August 21, 2026 at 11:19:05 PM PDT