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$860,000

$4,400Reward *

1224 27th Street, San Diego, CA 92102Listing ID PTP2600707

1224 27th Street, San Diego, CA 92102

Active

Time on site: 98 days • Last updated: Jan 28, 2026

Property Type

Land

Property Sub Type

Acres

0.05

Days on Site

Shovel-ready ADU development opportunity in San Diego. 2,153 SF corner lot with alley access, zoned RM-2-5, with approved plans for (2) new two-story ADUs and on-site carport parking. Architectural and structural plans are complete and transferable, providing a clear path to construction and value creation. The project features efficient two-story townhome-style units (~960 SF each) with first-floor kitchen/living area, half bath, and in-unit laundry, plus two bedrooms and a full bath on the second level. Each unit includes storage and kitchen pantry, and a 12-foot-wide balcony off the primary bedroom. Excellent infill location with strong rental demand and projected total rents of approximately $6,000–$7,000/month upon completion. Ideal for investors, ADU developers, or 1031 buyers seeking new-construction upside. Located in prime Golden Hill, just two blocks south of Balboa Park Golf Course, walkable to restaurants, coffee shops, retail, and transit, and minutes to Downtown/Gaslamp, Balboa Park & Zoo, Coronado, Old Town, and San Diego International Airport. 1224 27th has a Walk Score of 87 out of 100. This location is Very Walkable so most errands can be accomplished on foot. Nearby parks include Grape Street Off-Leash Area, Grant Hill Park and Grant Hill Park.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

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813457 • 813460

1224 27th Street, San Diego, CA 92102

Market Report for 92102

Property Information

Property Details

Location

Financial