7275-77 Saranac St, San Diego, CA 92115

Rare value-add investment opportunity in College East! First time on the market, this 0.23-acre parcel zoned RM-1-1, features two detached homes and detached garage on one lot with the option to maintain as a 2-on-1, expand to 4 units per a Preliminary Feasibility Study, or explore alternative development potential for 6–12 units. Located just 2 miles from SDSU and within a Transit Priority Zone, this property offers a prime investment opportunity with easy access to I-8 and I-15. Strong rental demand driven by a growing student population and ongoing campus expansions makes it an ideal choice for investors, developers, and 1031 exchange buyers seeking steady rental income and long-term growth potential. Don’t miss this prime opportunity in a thriving San Diego rental market!