Property Details
About this Property
Rarely available 2.6-acre infill site in the heart of University Heights — fully occupied and income-producing with major development potential. Located at 2436 Adams Ave, this oversized parcel sits along one of San Diego’s most walkable, amenity-rich corridors, making it an ideal candidate for townhome or multifamily development. The property is currently improved with a remodeled 4-unit configuration: a detached 4BD/4BA home and a three-unit, two-story building of 2BD/2BA units — generating $15,900/month in rental income. All units are updated and leased, providing immediate cash flow during entitlement or planning. Plans for 16 two-story townhomes have already been submitted to the City, saving valuable time in the development process. RM-2-5 zoning under the Complete Communities Overlay increases FAR, density, and reduces parking constraints. Additional land zoned RM-1-1 provides flexibility for future concepts. Developers and investors may purchase this property on its own or combine it with adjacent A
MLS Listing Information
MLS #
SD250033776
MLS Source
San Diego MLS
Days on Site
2
Interior Features
Cooling
Window/Wall Unit
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Guest / Visitor Parking, Garage: Car(s)
Complex Amenities
Other
Zoning
RM1-1
Contact Information
Listing Agent
Joseph Silva
CCG RE Investment Services Inc
License #: 02158753
Phone: (559) 967-5913
Co-Listing Agent
Aurmon Banitaba
CCG RE Investment Services Inc
License #: 02040003
Phone: (408) 772-6307
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 4 | 4/0 | – |
| 2 | – | 2 | 2/0 | $3,000 |
| 3 | – | 2 | 2/0 | $3,200 |
| 4 | – | 2 | 2/0 | $3,700 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2436 Adams Ave is a Residential Income in San Diego, CA 92116. This – square foot property sits on a 2.6 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,250,000 and was built in 1942. This address can also be written as 2436 Adams Ave, San Diego, CA 92116.
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This listing information is up-to-date as of July 18, 2025. For the most current information, please contact Joseph Silva, (559) 967-5913
