5419 Lauretta St 2 Unit Apartment Building Offered at $1,999,000 San Diego, CA 92110

Opportunity Knocks! Exceptional investment and development opportunity in a prime San Diego location just minutes from the University of San Diego.? This unique property features two spacious 3-bedroom condominium units situated toward the rear of the lot, providing the rare ability to maintain rental income while exploring future development opportunities.?
Ideal for investors, developers, or owner-users seeking long-term upside, the property offers multiple strategies for maximizing value.? Continue collecting income from the existing units, renovate and increase rents, convert the garage into additional living space, or explore potential ADU and redevelopment opportunities.? Buyers are encouraged to review the attached Development Opportunities Analysis and verify all possibilities with the appropriate agencies.?
The property's location is a major advantage, offering convenient access to USD, Mission Bay, beaches, downtown San Diego, major freeways, shopping, dining, and employment centers.? Large parcels with existing income and future development potential are becoming increasingly difficult to find in this market.?
Whether you're looking to generate cash flow today or capitalize on future growth tomorrow, this property presents a unique opportunity to do both.? Don't miss your chance to acquire a versatile asset in one of San Diego's most desirable and supply-constrained neighborhoods.?