Property Detail
Description
SHORT-TERM RENTAL DEVELOPMENT OPPORTUNITY | MULTI-UNIT POTENTIAL Value-add investment opportunity with 3 existing units and additional development potential (buyer to verify grandfathering and expansion options). Property is prepped for development with improvements already completed: • Graded lot • Tree removal completed • Utilities in place (septic, well, electricity) Ideal for building a high-performing short-term rental, with projected gross revenue potential of ~$80K+ annually upon stabilization (based on market comps). Investment Highlights: • Multiple income streams (3-unit configuration) • STR-friendly setup with strong revenue upside • Significant tax advantages through depreciation and cost segregation strategies • Value-add through new construction and site optimization Partnership Opportunity Available: Seller open to 50% equity partnership (~$160K buy-in + development costs) for qualified investors seeking an active STR project. Perfect for investors looking to offset W-2 Income and own stable assets. Call for more detailed information.
Map Location
Listing provided courtesy of Wyeth Bothwell of EXP Realty of California Inc.. Last updated 2026-05-08 08:15:14.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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