Description

Located in the Encanto neighborhood of Southeastern San Diego, this property presents a rare value-add opportunity in an area experiencing steady growth and increased development activity. Situated on a large, flat lot, the single-family home offers significant upside potential for investors, builders, or buyers looking to create long-term value. The home is a true fixer-upper and requires interior renovation, making it ideal for a full remodel and resale, a long-term rental hold with improvements, or expansion through the addition of ADUs (buyer to verify with the City of San Diego). Notably, a 32-unit multifamily complex is currently under construction on the adjacent lot, which is nearly identical in size—highlighting the development trajectory of this pocket and the potential for higher-density use (buyer to verify zoning and development possibilities). With its oversized lot, clear redevelopment indicators next door, and convenient access to freeways, schools, and public transit, this property presents a strategic acquisition opportunity in one of San Diego’s evolving corridors. Buyers are encouraged to conduct their own due diligence regarding zoning, density allowances, and future development options.