Share this with your friends
+16197010309
Century 21 Affiliated
2201 07 Burroughs St, Linda Vista, CA 92111
- $1,800,000
- Sold Price
- $1,800,000
- List Price
- $1,985,000
- Closing Date
- Nov 24, 2025
- Status
- CLOSED
- MLS#
- 250038727SD
- Year Built
- 1941
- Lot Size
- 16,372
- Acres
- 0.38
- Days on Market
- 14
- Property Type
- Multifamily
- Stories
- Two Levels
- Neighborhood
- Linda Vista
Property Description
Strategic Investment with huge upside potential! Current rental income from long-term tenants provides immediate cash flow while you plan the property’s future development. Located in a Complete Communities (CC) zoning area, this site offers a rare opportunity for redevelopment or, at minimum, a value-add rehab with substantial rent growth potential. Lot Size: 16,372 sq.ft. Zoning: RM2-5 + Complete Communities designation Potential Buildable Area: Up to ~65,488 sq.ft. (per CC zoning guidelines) Current Configuration: One 4BR/2BA unit + three 3BR/1BA units Occupancy: Fully leased to long-term tenants with below-market rents Development Potential: Build a multi-story project with canyon views, similar to the new MC Tower Apartments under construction around the corner. Rental Demand: Close proximity to USD, hospitals, and Mission Valley employment hubs supports strong future rental rates. Prime Location: Centrally located near I-5, I-8, and 163 freeways, with quick access to major job centers, universities, and medical facilities. Strategic Investment with huge upside potential! Current rental income from long-term tenants provides immediate cash flow while you plan the property’s future development. Located in a Complete Communities (CC) zoning area, this site offers a rare opportunity for redevelopment or, at minimum, a value-add rehab with substantial rent growth potential. Lot Size: 16,372 sq.ft. Zoning: RM2-5 + Complete Communities designation Potential Buildable Area: Up to ~65,488 sq.ft. (per CC zoning guidelines) Current Configuration: One 4BR/2BA unit + three 3BR/1BA units Occupancy: Fully leased to long-term tenants with below-market rents Development Potential: Build a multi-story project with canyon views, similar to the new MC Tower Apartments under construction around the corner. Rental Demand: Close proximity to USD, hospitals, and Mission Valley employment hubs supports strong future rental rates. Prime Location: Centrally located near I-5, I-8, and 163 freeways, with quick access to major job centers, universities, and medical facilities.
Additional Information
- Appliances
- Gas Water Heater
- Pool Description
- None
- Heat
- See Remarks
- Cooling Description
- None
- View
- Panoramic
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $104,652
Listing courtesy of Listing Agent: Jeffrey Discher (jeff@dischergroup.com) from Listing Office: eXp Realty of California, Inc.
Listing sold by David Lee from Nara Advisors, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.