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.
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Zipcode:
- 92102
- Street:
- 27th
- Street Number:
- 1224
- Longitude:
- W118° 51' 49.5''
- Latitude:
- N32° 43' 6.2''
- Directions:
- Google Maps
- Office Name:
- Top Gun CRE
- Agent Name:
- Max Delbecq
- On Market Date:
- 2026-01-28
- Co List Agent Full Name:
- Kenneth Herskind
- Co List Agent Mls Id:
- CRP-813460
- Co List Office Mls Id:
- CRP-88291
- Co List Office Name:
- Top Gun CRE
- List Agent Mls Id:
- CRP-813457
- List Office Mls Id:
- CRP-88291
- Listing Term:
- Cash,Conventional,Exchange,FHA,VA
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-01-28T22:14:29Z
- Originating System Name:
- CRP
