Skip To Content

220 Southlook Avenue

San Diego, CA 92113
  • $1,250,000
  • STATUS: Active
  • ON SITE: 54 Days
  • ID#: PTP2600264
UPDATED: 69 min ago
$1,250,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Listing Agent(s): Richard Montano of Liv Modrn (619-246-3509) and Sarah Haliburton of Side, Inc.(415-525-4913)


Description

This property is more than a home—it’s a massive development opportunity. Already fully remodeled, the existing 3-bedroom, 2-bath detached home is currently rented, generating income. But the real value lies in the approved plans to build four additional 2-bedroom, 1-bath units—all city approvals are complete, fees paid, and the sale comes with everything you need to start construction immediately. It’s truly shovel-ready. Upgrades to the existing home include a new roof, upgraded electrical panel and meters, brand-new kitchen cabinets and bathroom vanities, new countertops, LVP flooring, updated doors, fresh interior/exterior paint, retrofit windows, new light fixtures and ceiling fans, new tankless water heater, and more. The exterior has been refreshed with new stucco, gates, landscaping, and exterior lighting. Located in Logan Heights, one of San Diego’s most historic and culturally rich neighborhoods, the property is just minutes from the Gaslamp Quarter, East Village, Petco Park, and all that downtown San Diego has to offer. This is a rare opportunity to own a fully renovated income property with immediate expansion potential—all approvals in place, all fees paid, and all plans included. Construction can start tomorrow.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T17:34:26.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/172006499
Print Image

220 Southlook Avenue San Diego, CA 92113

  • Price: $1,250,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 69 min ago
  • ID#: PTP2600264
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2023
Built
Neighborhood:
92113 - Logan Heights
County:
San Diego
Area:
92113 - Logan Heights
Property Description
This property is more than a home—it’s a massive development opportunity. Already fully remodeled, the existing 3-bedroom, 2-bath detached home is currently rented, generating income. But the real value lies in the approved plans to build four additional 2-bedroom, 1-bath units—all city approvals are complete, fees paid, and the sale comes with everything you need to start construction immediately. It’s truly shovel-ready. Upgrades to the existing home include a new roof, upgraded electrical panel and meters, brand-new kitchen cabinets and bathroom vanities, new countertops, LVP flooring, updated doors, fresh interior/exterior paint, retrofit windows, new light fixtures and ceiling fans, new tankless water heater, and more. The exterior has been refreshed with new stucco, gates, landscaping, and exterior lighting. Located in Logan Heights, one of San Diego’s most historic and culturally rich neighborhoods, the property is just minutes from the Gaslamp Quarter, East Village, Petco Park, and all that downtown San Diego has to offer. This is a rare opportunity to own a fully renovated income property with immediate expansion potential—all approvals in place, all fees paid, and all plans included. Construction can start tomorrow.
Exterior Features

Entry Level 1 Entry Location Front Door Fencing Wood Lot Features LandscapedStreet Level Number Of Separate Electric Meters 2 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Spa YN No View YN No

Interior Features

Appliances DishwasherDisposalGas OvenMicrowaveRefrigerator Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace YN No Flooring Vinyl Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 1.42 Community Features Storm Drain(s)Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 35940 Gross Scheduled Income 35940 Insurance Expense 4142 Land Lease YN No Laundry Features Laundry Closet Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHAVA Loan Net Operating Income 17798 New Taxes Expense 14000 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 18124 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Zoning R-2:MINOR MULTIPLE



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T17:34:26.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_410825209-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_410825209-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_410825209-2.jpg
Logo
eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Richard Montano of Liv Modrn (619-246-3509) and Sarah Haliburton of Side, Inc.(415-525-4913)