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5419 Lauretta St Apt A &b

San Diego, CA 92110
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$1,999,000 $8,427/Mo
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Opportunity Knocks! Exceptional investment and development opportunity in a highly sought-after location just a short walk to USD. This unique property features two spacious 3-bedroom, 2-bath condos situated toward the rear of the lot, creating immediate rental income while preserving future development potential. The existing improvements offer flexibility for investors, developers, and owner-users alike. Continue generating income from the current units while exploring opportunities to maximize the property's highest and best use. The positioning of the buildings on the lot may provide additional development options, making this an ideal hold-and-develop asset. The garages present potential conversion opportunities or possible ADU configurations, subject to buyer verification and city approval. Located in one of San Diego's strongest rental markets, the property benefits from close proximity to USD, Mission Bay, beaches, shopping, dining, major employment centers, and convenient freeway access. Demand for housing in this area remains consistently strong, making this an attractive opportunity for both short- and long-term investors. Whether you're looking to generate cash flow today, add value through improvements, or pursue future development, this property offers a rare combination of location, income, and upside potential. See attached Development Opportunity Analysis for additional information regarding possible future uses and development scenarios. Buyer to verify all information.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,999,000

AD Id : 79963912

MLS Id : 260013430SD

Year Built : 1975

County : San Diego

  • Map Map

Map

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Feature Features

  • Bathroom Information

    Total Baths: 0

  • Interior Features

    Roof: Rolled/Hot Mop

  • Cooling Features

    None Air Conditioning

    Heating Source

    Combination Has Heating

  • Building Information

    Year Built: 1975 Roof: Rolled/Hot Mop

  • Listing Price Information

    Original List Price: 1,999,000 Listing Contract Date: 2026-06-03

  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 43655103(01 & 02)

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 92110 - Old Town Sd Directions: Linda Vista Turn at Mildred, Right on Azusa then Right on Lauretta to property. Friars Rd, North on Colusa to Lauretta go left. CrossStreet: Mollie Zoning: R-3-7 Source Property Type: Residential Income Area: 92110 - Old Town Sd

  • Building and Construction

    Property Age: 51 Year Built Source: Vendor Enhanced Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2343 Cecelia Ter, San Diego, CA, 92110 $1,199,000 3 1 1,285 1,285 SqFt
2240 Hartford St., San Diego, CA, 92110 $2,995,000 3 2 2,525 2,525 SqFt
5411 Lauretta St, San Diego, CA, 92110 $2,650,000 -- -- --
1323 Lehigh Street, San Diego, CA, 92110 $950,000 2 2 577 577 SqFt
3027 Wing Street, San Diego, CA, 92110 $1,225,000 3 2 1,368 1,368 SqFt

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Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/20/2026 @ 11:26

MLS: 260013430SD LISTED BY: Lanz Correia, Coldwell Banker West 619-737-2126 SOURCE: CRMLS

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