2519 Columbia St San Diego, CA 92103

2519 Columbia Street is currently comprised of three fully-occupied, updated units and includes approved plans and permits to build an additional (9) nine studio units on the back half of the 5,051sf lot. With plans and drawings created by the architectural firm PALO – this project is designed with a style that attracts the modern tenant while capitalizing on current legislation and building codes. With excellent proximity to Downtown San Diego and the San Diego International Airport, this location serves a diverse workforce that continues to expand in a market with a lack of available housing. Fully Permitted / Shovel Ready Building Opportunity. You get INSTANT INCOME and the potential to own a 12 Unit – 6 Cap (Pro-Forma) when you acquire this renovated triplex in the heart of San Diego's most desirable neighborhood - just blocks from Little Italy, Hillcrest, Downtown, Balboa Park, restaurants, nightlife, Petco Park and so much more! HIGHLIGHTS • Renovated 3-unit property with Fully-Permitted Plans • Incredible San Diego Location – Close To Everything • Plans by PALO Architects designed to attract tenants • Potential for above market yields • Featured in UC Berkeley ADU Article https://bit.ly/ADUArticle