Description

Shovel-ready ADU development opportunity in San Diego. 2,153 SF corner lot with alley access, zoned RM-2-5, with approved plans for (2) new two-story ADUs and on-site carport parking. Architectural and structural plans are complete and transferable, providing a clear path to construction and value creation. The project features efficient two-story townhome-style units (~960 SF each) with first-floor kitchen/living area, half bath, and in-unit laundry, plus two bedrooms and a full bath on the second level. Each unit includes storage and kitchen pantry, and a 12-foot-wide balcony off the primary bedroom. Excellent infill location with strong rental demand and projected total rents of approximately $6,000–$7,000/month upon completion. Ideal for investors, ADU developers, or 1031 buyers seeking new-construction upside. Located in prime Golden Hill, just two blocks south of Balboa Park Golf Course, walkable to restaurants, coffee shops, retail, and transit, and minutes to Downtown/Gaslamp, Balboa Park & Zoo, Coronado, Old Town, and San Diego International Airport. 1224 27th has a Walk Score of 87 out of 100. This location is Very Walkable so most errands can be accomplished on foot. Nearby parks include Grape Street Off-Leash Area, Grant Hill Park and Grant Hill Park.