432123 Clairemont Mesa Boulevard

San Diego CA 92117

7300 sq. ft.

Condo

Currently for sale - view listing

Overview

Exceptional investment and development opportunity! This income-producing property features a beautifully remodeled duplex, renovated in 2025, with two spacious 2-bedroom, 1-bath units of approximately 1500 sqft. The property is fully leased with stable tenants generating $7,000 per month in current rental income. Included with the sale are fully approved plans for a new 3,500 sq. ft. four-unit ADU development consisting of four 2-bedroom, 1-bath units and six on-site parking spaces. Upon completion, the property will offer a total of six residential units, creating outstanding income potential and long-term value. A rare opportunity for investors to acquire a turnkey income property with shovel-ready expansion plans already approved, minimizing entitlement risk and accelerating the path to increased cash flow. Buyer to verify all permits, plans, square footage, and development potential with the appropriate agencies.