This fully remodeled and newly constructed property features a detached 2BR/1BA Home and two brand-new 3BR/2.5BA Townhomes with attached garages and private patios. Each unit is thoughtfully designed with quartz countertops, sleek cabinetry, modern finishes and in-unit laundry, appealing to long-term tenants seeking quality rentals. Two of the units are leased with strong market rents, while the third is vacant, providing immediate upside potential and flexibility. With a 4.03% current cap rate (4.35% market), competitive GRM, and minimal maintenance needs, this property is an exceptional asset. Located in the heart of Linda Vista, near USD, Fashion Valley, beaches, and major freeways, the 5,800 SF lot and 3,146 SF of net rentable space are ideally positioned to attract students, professionals, and families. Inquire for the Offering Memorandum!
Property Details
Price:
$2,400,000
MLS #:
250034510SD
Status:
Active
Baths:
0
Address:
2956 Ulric Street
Type:
Residential Income
Subdivision:
Linda Vista
Neighborhood:
92111lindavista
City:
San Diego
Listed Date:
Jul 25, 2025
State:
CA
ZIP:
92111
Lot Size:
5,800 sqft / 0.13 acres (approx)
Year Built:
2025
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Schools
Interior
Cooling
Zoned
Exterior
Fencing
Partial
Parking Spots
0.00
Roof
Composition
Stories Total
2
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address2956 Ulric Street San Diego CA
- Area92111 – Linda Vista
- SubdivisionLinda Vista
- CitySan Diego
- CountySan Diego
- Zip Code92111
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2956 Ulric Street
San Diego, CA
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