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Kevin Silverstein

[email protected] +1(619) 203-7041

$4,200,000

Est. payment - /mo

14 Beds

7 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 260012515

Bedrooms 14

Full Baths 7

Year Built 1984

Property Sub-Type Res Income 2-4 Units

Property Description

Two adjacent parcels totaling 13,200 SF with 4 units total, zoned RM-3-9 within the College Area Community Plan Update — a designated Transit Priority Area (TPA) and Sustainable Development Area (SDA). Base zoning supports 23+ units by right at 1 unit per 600 SF, with additional density available through state and local bonus programs. TPA eliminates parking minimums and unlocks density bonus eligibility; SDA supports higher-intensity infill. Currently operating as student rentals — each property (SFR + attached ADU) is master-leased as a single unit. 5602 Dorothy Dr (7BR/3BA, 2,111 SF) leases at $11,600/month through 25/26, stepping up to $11,800/month for 26/27. 5610 Dorothy Dr (7BR/4BA, 2,500 SF) leases at $11,600/month through 25/26, stepping up to $11,850/month for 26/27 — totaling $23,200/month currently, escalating to $23,650/month with no lease-up risk.

Location

State CA

County San Diego

Area Metro Uptown

Zoning RM-3-9

Interior

Cooling N/K, Other/Remarks

Fireplace No

Exterior

Fence Other/Remarks

View Y/N No

Roof Type Other/Remarks

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 466-171-11-00 & 10-0

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

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Listed by Daniel A Sipher, DRE#02043589 Landmark Multifamily and Development

Nearby School & Business

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Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities

5602 & 5610 Dorothy Dr San Diego, CA 92115

Kevin Silverstein

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information