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2249 51 Dunlop Street San Diego, CA $ 1,775,000
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2249 51 Dunlop Street
$ 1,775,000
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New Construction
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2249 51 Dunlop Street

San Diego, CA, 92111
$ 1,775,000
Baths1.0 Sq 1,248

Monthly Estimate*

$ 11,074

Listed by Gene Bowman Realty
​
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Studio

Multi-Family Home for sale in San Diego, CA

for $1,775,000 with 1 full bath. This 1,248 square foot home was built in 1941 on a lot size of 0.3484.

This property presents a rare chance to capitalize on San Diego’s thriving multifamily market. Up to 44 units may be built on this site, offering significant scale for a developer looking to maximize returns. Currently, 10 units are in the permitting process, giving an incoming buyer a valuable head start while still leaving room to unlock the full potential of the lot. The location and zoning make this an ideal opportunity for an experienced builder or developer to execute at scale, or for a growing investor ready to step into their first major project. With strong demand for new housing in San Diego and limited infill opportunities of this size, this site represents both immediate momentum and long-term upside. Whether you choose to move forward with the existing plans or pursue the full 44-unit vision, this property offers the flexibility, scale, and timing to deliver exceptional results. Centrally located, close to Fashion Valley, SeaWorld, USD and beaches with easy freeway access. This property is ideally positioned to attract stable, long-term and short-term tenants.

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Multi-Family Active

Price

$ 1,775,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3484

Year Built

1941

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

PTP2506397

Days on Market

122
Features
General
Sewer Public Sewer
Zoning RM 2-5
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1941
Gross Income 0
Community Features Curbs Sidewalks
County San Diego
Net Operating Income 52200
Operating Expense 17400
Insurance Expense 0
New Construction 1
Property Type Residential Income
HOA 0
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions From I-805 Exit at Balboa Ave and go east Head east on Balboa Ave. Turn left onto Convoy St. Turn left onto Dunlop St. From CA-163 Exit at Balboa Ave and go west. Head West on Balboa Ave Turn right onto Convoy St. Turn left onto Dunlop St.
City San Diego
Entry Location front side
Senior Community Y/N 0
Number Of Units Total 2
MLS Area 92111 - Linda Vista
Lot Size Units Square Feet
Lot Size Square Feet 15177
Number of Units Leased 0
Listing Terms Cash Conventional 1031 Exchange
Property Attached Y/N 1
Land Lease Y/N 0
Trash Expense 0
Water Sewer Expense 0
Rent Control Y/N 0
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2506397
Building Area Units Square Feet
Standard Status Active
Tax Lot 432-070-04-00
Taxes 0
Cap Rate 0
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Interior
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N 0
Heating Y/N 0
Fireplace Y/N 0
Laundry Features Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
Total Baths 0
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Exterior
Lot Features Back Yard Front Yard Landscaped Yard
Total Parking 0
Lot Size Area 15177
Number of Buildings 1
Spa 0
Building Area Total 1248
Lot Size Acres 0.3484
Private Pool 0
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Gene Bowman Realty

Broker

Christian@genebowman.com

Email

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$11,074
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Monthly Principal & Interest
$11,074
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,775,000 Listed Price

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2249 51 Dunlop Street, San Diego, CA, 92111 is a Multi-Family Home for sale at $1,775,000 with 1,248 sqft and a lot size of 0.3484. 2249 51 Dunlop Street is a studio with 1.0 baths and was built in 1941. The property's zip code is 92111 which is in San Diego, CA

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