4130 32 Vista Grande Drive
Property Overview
Rare turnkey development opportunity featuring fully entitled and already issued permitted approvals. This 0.18-acre parcel in the desirable Rolando Park neighborhood contains an already fully renovated single-family residence with all necessary permits and fees paid for construction of seven new residential units (3,783 SF total) using the ADU bonus program. With permits already in hand, this opportunity drastically reduces entitlement risk and soft costs, allowing developers to move directly into vertical construction on day one. Finished plans call for seven units (6 new) comprising four 1-bedroom/1-bathroom apartments, two 2-bedroom/1-bathroom apartments, and one 2-bedroom/1-bathroom single-family home (existing), projecting $18,000 per month in gross income. Located in the prime Rolando Park neighborhood, the property offers a walkable setting with easy access to San Diego State University, quality retail, dining, and the I-94 corridor. This centrally located San Diego submarket continues to experience persistently high housing demand, positioning this project perfectly for immediate production and strong returns.
Home Details
- Property type
- Residential - Single Family Residence
- Year built
- 1951
- Living area
- 806 sq ft
- Lot size
- 7,700 sq ft
- Parking
- 2 spaces
- Garage
- 1 spaces
- Stories
- 1
- Days on market
- 1
- Full bathrooms
- 1
- MLS status
- Active
- Zoning
- RS-1-7
Features & Amenities
Interior
- Bedroom On Main Level
Pool
- None
Lot
- Value In Land
Community, Schools & Utilities
Community
- View
- Neighborhood
Schools
- School district
- San Diego Unified
Utilities
- Cooling
- CentralAir
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 4130 32 Vista Grande Drive
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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