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Residential Income for sale : 4 bedrooms : 2351-53 Modesto Street in San Diego

2351-53 Modesto Street San Diego

Main Photo: Residential Income for sale : 4 bedrooms : 2351-53 Modesto Street in San Diego
$1,200,000
Prop. Type:
Residential Income
MLS® Num:
306679843
Status:
Active
Bedrooms:
4
Bathrooms:
2
CITY HEIGHTS DUPLEX | R-2 ZONED | IMMEDIATE INCOME + EXTRAORDINARY DEVELOPMENT UPSIDE Few opportunities arrive with this much aligned in your favor. A fully remodeled, income-producing R-2 zoned duplex on a 5,178 square foot lot, positioned in the heart of one of San Diego's most powerfully appreciating urban corridors, this is the kind of generational asset that sophisticated investors recognize immediately and move on decisively. City Heights is not emerging. It has emerged. The Mid-City submarket is experiencing a transformation that is redefining land values, reshaping the streetscape, and rewarding those who had the vision to act early. This property does not sit on the sidelines of that story. It sits at the center of it. Both units were comprehensively remodeled in 2022 to a standard that today's discerning residents expect and deserve. The upper level unfolds across approximately 950 square feet of beautifully appointed living space, offering 2 bedrooms, 1 bathroom, a sweeping open concept layout, custom quartz countertops, a stylish breakfast bar, stainless steel appliances, and the coveted convenience of in-unit laundry. The lower unit presents approximately 850 square feet of equally refined living, with 2 bedrooms, 1 bathroom, a private fenced yard that creates a genuine sense of arrival, and a dedicated laundry closet. Both residences feature individually fenced outdoor retreats and climate controlled comfort through wall and window air conditioning. These are not afterthought finishes. They are the details that attract quality long term residents and keep them
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Neighborhood Code:
City Heights
Total Building Area:
Switch units of measure0 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
4
Bathrooms:
2
Half Bathrooms:
0
Total Stories:
2
Year Built:
0
Age (in years):
Switch units of measure2,026 year(s)
Home Owner Fees:
$0
Mello Roos Fee:
$0
Mello Roos Fee Frequency:
Year
Terms:
Cash, Conventional, FHA, VA
Cap Rate.:
4.0
Gross scheduled income:
72000.0
Operating expense:
25000.0
Number of Units:
2
Number of Units with Cooling:
2
Unit Number for Unit 1:
1
Unit Number for Unit 2:
2
GPS
Site Influences:
Sidewalks
Lot Size:
Switch units of measure5,179 sq. ft.
Parcel Number:
4765603000
Utilities:
Other/Remarks
Pool Features:
N/K
Assessments:
N/K
Zoning:
Assessor
Listed by Rise Realty
Data was last updated June 17, 2026 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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