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31465762
31465763

2306 Modesto St, San Diego, CA 92105

Coastal Rock Realty
Listed by Coastal Rock Realty
$1,799,000
74 days on market
Updated 8 days ago

Investment Rentals 2 Beautiful Homes/1 New Construction

Details
APN 476-552-15-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,163
Net Rentable (SqFt) 2,588
Units 6
Tenancy Vacant
Rent Bumps No
Year Built 2000
Year Renovated 2025, 2025
Buildings 3
Stories 2
Acreage 9762.000
Zoning R2 S1-7
Parking Spaces 6 spaces
Parking Per SqFt 1.90
Investment Type Owner/User
Ownership Trust
Sale Condition N/A

Multifamily | 3 Units

Marketing description

Variance Granted 2-4 Units, Lot Size 9,762 square feet! Income Property • Multi-Generational Living • Board & Care Opportunity • Exceptional Investment Potential Two Stunning Detached Solar Homes on One Expansive Corner Lot in Prime San Diego! Rare opportunity to own a private multi-residence compound situated on a spacious 9,762 SF corner lot featuring two detached homes, strong income potential, and flexible living configurations. The property includes: • Main Residence: 4 Bed | 3 Bath | Approx. 1,404 SF • Newly Constructed Designer ADU/SFR: 3 Bed | 2 Bath | Approx. 1,184 SF • Additional 2 Bed | 1 Bath Garage Conversion Unit (unpermitted) The newly completed ADU was finished in December 2025 and showcases thoughtfully designed living spaces, premium finishes, and modern construction. Ideal for owner-occupants, investors, large families, multigenerational living, rental income, or potential Board & Care use. Both the Main Home and ADU feature owned solar systems (not leased), providing long-term energy efficiency and savings. Excellent flexibility: • Live in one residence and rent the other • Multi-family compound potential • Income-producing investment opportunity • Possible rental diversification Showings are currently available for the ADU residence only. Main residence and additional structures available by appointment only.

Investment highlights

Two (2) Beautiful Detached Homes - Brand New Construction for home on Juniper Street, Construction completed in December 2025! Rental Income Potential! Live in one home - Rent out the other SFR! Investors/Large Familes - Private, Multi-Residence Compound, Prime 9,762 sq ft, laarge corner lot in San Diego.

Unique offering includes a 4 bed 3 bath (1404 sf) Main Residence and a newly completed, fully Permitted 3 bed/2 bath (1184 sf) Designer ADU/SFR, creating flexibility, functionality, & Income Potential w thoughtfully designed living space & high end materials. The ADU is the only residence currently available for Showings. Garage 2 bedroom/1 bath Unit is functional but not permitted.

There is also a Lot Split Application (for the other half of this Property) in process with the City of San Diego and the Seller's Engineer & Architect. If Approved, another 2 Homes or a Duplex (for additional rental income) could be built!

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Coastal Rock Realty
Listed by Coastal Rock Realty

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Additional Information

Name
Mary Patricia Sparks
License
01235210
Title
Broker of Record
Name
Mary Patricia Sparks
License
01235210
Brokerage
Coastal Rock Realty
Title
Real Estate Broker
Brokerage Address
11622 El Camino Real
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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