Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

5

Building size

3,923 sqft

Lot size

5,700 sqft

Year built

2026

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

1

MLS #

249214848

About this property

New-construction income property near SR-163: five units on a 5,700 SF lot, four already leased with income from day one. The four rear 2BR ADUs, completed in 2026, sit in two contemporary 2-story buildings with durable finishes renters want. They feature wide-plank oak-look floors, recessed lighting, white shaker kitchens with stainless appliances and matte black fixtures, and marble-look baths with glass walk-in showers. Each ADU has its own stacked washer/dryer, ductless heat pump, and water heater, and all five units are separately metered for electricity, so tenants pay their own power. The refreshed 1942 front home is a 3BR/2BA with a cook’s kitchen, double wall ovens, a gas cooktop, and a center island. It is delivered vacant, so a buyer can lease it at market or live on site while four units offset ownership costs. A newly poured lot provides 6 off-street parking spaces, which is rare for the area. Rooftop solar and exterior storage complete a turnkey, low-maintenance hold. 3,923 SF total living space.

Location

2915 Ulric Street

San Diego, San Diego, CA, 92111