Property Detail

Description

Prime Multi-Unit Investment Opportunity in San Ysidro! Unlock immediate cash flow and long-term wealth building with this rare 5-bed, 3-bath income-producing compound on a spacious lot in the heart of booming San Ysidro—minutes from the border, freeways, and explosive commercial/residential growth. Current Rental Income Breakdown (Total: $4,175/month | $50,100/year): Main House (2 bed / 1 bath): $850/mo (tenant-occupied) Attached Back Unit (2 bed / 1 bath): $1,400/mo (tenant-occupied) Side Unit (1 bed / 1 bath): $800+/mo potential Manufactured Home (1 bed / 1 bath): $900/mo (tenant-occupied) RV Space: $475/mo (tenant-occupied) Detached Studio (~120 sqft, 1 bed / 1 bath): $550/mo (tenant-occupied) That’s $4,175/month in gross rents—enough to cover a ~$3,500 mortgage payment (est. 20% down, 6.5% rate, 30-yr fixed) with cash flow left over. At $699K, you’re buying below replacement cost with built-in equity and multiple value-add paths. Why This Property Crushes It: Instant positive cash flow from Day 1 Vacant side unit = immediate upside (rent at $800–$1,000+/mo) Zoning + lot size = ADU / new construction potential Live in one unit, rent the rest (house hack & eliminate your mortgage) San Ysidro’s growth trajectory: border proximity, new housing demand, and commercial expansion = rising rents & property values Key Development Standards for RM-1-1 Based on SDMC §131.0440 et seq. and 2025 updates: Standard Details Notes for this Lot (8257 sqft) Density Max 1 dwelling unit per 1,000 sq ft of lot area Floor Area Ratio (FAR) 0.75 (75% of lot area can be building footprint/floors) HeightMax 30 ft (2–3 stories) Setbacks Front: 15–20 ft (avg. of block); Side: 5 ft; Rear: 15 ft (or 20% of depth). Reduced for ADUs (4 ft side/rear). Lot Coverage Max 50% (buildings + impervious surfaces). Parking 1 space per unit (0.5 for studios/1-beds); none required for ADUs near transit (e.g., trolley in San Ysidro). DISCLAIMER: Broker and Broker’s Agent make no representations or guarantees regarding the accuracy of square footage, permitted or unpermitted improvements, bedroom/bathroom count, lot size, dimensions, school districts, or any other information concerning the physical condition or features of the property. Buyer is strongly advised to independently verify all material information through personal inspection and consultation with qualified professionals (e.g., appraisers, inspectors, city officials) prior to the removal of any contingencies in writing.