2436 Adams Ave

San Diego, CA 92116

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 113256
    Sqft(Lot)
$4,250,000

Description

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.

  • Property Type

    Residential Income

  • County

    San Diego

  • Style

    Residential Income

  • AD ID

    50446671

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Roof : Composition

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Has Heating

  • Building Information

    • Year Built: 1942
    • Roof: Composition

    Fencing

    • Partial

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 2.6
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 113256

  • Listing Price Information

    • Original List Price: 4,250,000
    • Listing Contract Date: 2025-07-17

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 4383200800

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 92116 - Normal Heights
    • Directions: CrossStreet: Adams Ave
    • Zoning: RM1-1
    • Source Property Type: Residential Income
    • Area: 92116 - Normal Heights

    Building and Construction

    • Property Age: 83
    • Year Built Source: Vendor Enhanced
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 07/21/2025 @ 13:19

  • MLS: 250033776SD
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 113,256 sized lot, and 0 parking. are nearby neighborhoods.