$1,200,000 - 2252 54 Kearney Ave, San Diego

San Diego Home For Sale

Building plans are completed and permits are ready to issue, presenting a shovel-ready redevelopment across two combined parcels currently occupied by two single-family homes slated for demolition. Approved plans call for 11 newly constructed units—a new 2-bed/2-bath single-family residence plus 10 additional units, featuring a mix of efficient 2-bed units (~600–750 sq ft) and larger 4-bed units (~1,100–1,200 sq ft) totaling ~8,469 buildable sq ft. This diversified unit mix supports strong rentability across multiple tenant profiles while maximizing yield on cost. The property is located in an Opportunity Zone—offering potential tax advantages for qualified investors—and within the SDA Overlay. With completed plans and permits ready to issue, investors can bypass entitlement delays and move directly into construction. Building plans attached in Documents Section. Buyer responsible for remaining construction and permitting fees.