7275 Saranac Street
San Diego, CA 92115
- 4 beds
- – baths
- 1,681 sqft
- 9,905 sqft lot
- $505 per sqft
- 1957 build
- – on site
Rare value-add investment opportunity in College East! First time on the market, this 0.23-acre parcel zoned RM-1-1, features two detached homes and detached garage on one lot with the option to maintain as a 2-on-1, expand to 4 units per a Preliminary Feasibility Study, or explore alternative development potential for 6–12 units. Located just 2 miles from SDSU and within a Transit Priority Zone, this property offers a prime investment opportunity with easy access to I-8 and I-15. Strong rental demand driven by a growing student population and ongoing campus expansions makes it an ideal choice for investors, developers, and 1031 exchange buyers seeking steady rental income and long-term growth potential. Don’t miss this prime opportunity in a thriving San Diego rental market!
Last checked:
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Last updated Mar 3, 2025
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MLS# CRNDP2502002 —
The Building
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Year Built:1957
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Building Area Units:Square Feet
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Building Area Total:1681
Room Dimensions
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Living Area:1681
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Living Area Units:Square Feet
Location
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Directions:El Cajon Blvd to 73rd. Access via Saranac or thru
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Parcel Number:4690800700
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Zoning:RM-1
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Lot Features:Other
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Lot Size Area:0.23
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Lot Size Acres:0.23
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Lot Size SqFt:9905
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (858) 752-8551
Beds
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Bedrooms Total:4
The Listing
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Listing Terms:Cash
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/crmls/NDP2502002
Appliances
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Laundry Features:See Remarks
The Community
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Association:false
Parking
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Parking Total:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/3/25
Mar 3, 2025
|
Listed / Active | BRIDGE | $850,000 |
