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5419 Lauretta St Apt A &B San Diego, CA 92110
$1,999,000 6 beds, 4 baths
0 sqft
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Photo of Scott Waid

Scott Waid REALTORĀ® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Agent Remarks

Opportunity Knocks! Exceptional investment and development opportunity in a highly sought-after location just a short walk to USD. This unique property features two spacious 3-bedroom, 2-bath condos situated toward the rear of the lot, creating immediate rental income while preserving future development potential. The existing improvements offer flexibility for investors, developers, and owner-users alike. Continue generating income from the current units while exploring opportunities to maximize the property's highest and best use. The positioning of the buildings on the lot may provide additional development options, making this an ideal hold-and-develop asset. The garages present potential conversion opportunities or possible ADU configurations, subject to buyer verification and city approval. Located in one of San Diego's strongest rental markets, the property benefits from close proximity to USD, Mission Bay, beaches, shopping, dining, major employment centers, and convenient freeway access. Demand for housing in this area remains consistently strong, making this an attractive opportunity for both short- and long-term investors. Whether you're looking to generate cash flow today, add value through improvements, or pursue future development, this property offers a rare combination of location, income, and upside potential. See attached Development Opportunity Analysis for additional information regarding possible future uses and development scenarios. Buyer to verify all information.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)
Status: ACTIVE
MLS# 260013430
List price is $1,999,000
Beds: 6
Baths: 4 (4 full)
Built in 1975
2 stories
0.00 acres
Subdivision: SAN DIEGO
County: San Diego
Zoning: R-3-7
Construction: Stucco
Heating description: Fireplace,Wall/Gravity
MLS area: Metro

Last Updated: 6/3/2026

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This listing belongs to the Metro MLS area

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Lat/Long: 32.766545, -117.194443.
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Listing Agent: Lanz Correia
Lic#: 01338684
Office Name: Rancho Bernardo

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Photo of Scott Waid

Scott Waid REALTORĀ® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com

Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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