2386-88 W Jewett St, San Diego, CA 92111

Turnkey Duplex with with Permitted Plans for 3 more units in rear of large lot. Plans approved after 2 YEARS & 50k of permitting fees. Save yourself $300k in holding costs and grab this chance to build a cash flowing property while you collect income from the current homes. This excellent 2 unit was renovated in 2019 and generates $5.9k/mo with low operating costs. The lot is 10k sq ft, RM-1-1+TPA+Alley Access and sits up on a hill so you can see the ocean from 2nd stories. Plans include 2 add. structures, 2 stories complete with 2 car garages and 3rd story rooftop decks for each unit. Option to convert to ADUs after to make 8 total units! Rental Projections of $20k-$25k per MONTH after build! With size and bath counts could easily be ran as a short/medium term rental to further increase cash flow. Pictures include renderings and existing improvements. See Docs for plans and projections.