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Multifamily Development Opportunity

2249 51 Dunlop St San Diego, CA 92111

2249 51 Dunlop St, San Diego, CA, 92111
$1,400,000
For Sale
$1,400,000

Site with entitlements for up to 44 units, including 10 units already in the permitting process.

Days on Market49

Property Features for 2249 51 Dunlop St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1941
Listing agency
Listed by Christian Ballow
Source Elliman
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 8:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christian Ballow


Investment Insights

Based on property information with market context.

The offering is a residential income development site in San Diego with room for up to 44 units based on current plans described in the remarks. The property is positioned for a developer or investor looking to move forward with an existing track of approvals rather than starting from scratch, as 10 units are currently in the permitting process.

The location is described as central with proximity to Fashion Valley, SeaWorld, USD, and beaches, along with easy freeway access. While neighborhood walkability and transit notes are provided (somewhat bikeable, car-dependent, and limited transit), the practical takeaway is that the site is suited to tenants who rely primarily on convenient vehicular access.

For an operator, the primary fit is development scale with momentum. The presence of units already in permitting can support an organized, phased timeline, while the overall plan leaves room to pursue the full capacity described for the lot. This configuration may appeal to experienced builders executing at scale or to investors seeking their first larger multifamily project where an approval pathway is already underway.

Key Highlights

  • Entitlements for up to 44 multifamily units on the site
  • 10 of the permitted units are already in the permitting process
  • Year built: 1941

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Building Supply Big Box & Wholesale Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Site with entitlements for up to 44 units, including 10 units already in the permitting process.
Where is this apartment building located?
The property is located at 2249 51 Dunlop St San Diego, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Entitlements for up to 44 multifamily units on the site; 10 of the permitted units are already in the permitting process; Year built: 1941
Contact an agent
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