2259 Market, San Diego CA 92102 | $1,900,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Multi Family
  • Stories: 3
  • Year Built: 1927
  • MLS#: PTP2600758
  • Community: 92102 - San Diego

Listing provided courtesy of Max Delbecq of Top Gun CRE. Last updated 2026-04-21 08:23:49.000000. Listing information © 2025 SANDICOR.

Rare multifamily ADU densification opportunity in Sherman Heights, San Diego. By-right ADU development under CA SB-1211 allows expansion from 6 to 12 units. The property features a well-maintained 3-story, 6-unit apartment building (4,608 SF) on a 7,500 SF lot, built in 1927, with month-to-month tenancies and current gross income exceeding $10,000/month. Professionally prepared plans are in final approval for 6 new ADUs across three detached, two-story structures totaling approximately 2,884 SF. Upon completion, the ADUs are projected to generate an additional $13,000+/month in gross rental income. The site is zoned CC-3-4, with ministerial ADU approvals that significantly reduce entitlement risk and development timelines. Ideal for investors seeking unit-count expansion and long-term rental growth in a prime urban infill location.

More Details

3 Stories
Parking Spots: 0.00

David Piper

Call or Text: 858-525-5007

DRE# 02021985