Features & Amenities

Interior

Area & Lot

  • Lot Size(acres)

    0.3298

  • Property Type

    Residential Income

Exterior

  • Garage

    No

Financial

  • Sales Price

    $799,900

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San Diego

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Listing Courtesy of Eric von Bluecher , Lee & Associates

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Incredible Two-Unit Investment Near Downtown San Diego  Presenting 235–237 S Willie James Jones Ave — a rare opportunity to own two standalone homes on one lot in the rapidly growing neighborhood of Logan Heights, just minutes from Downtown San Diego. Set on a generous ±14,367 SF lot, this duplex-style property offers both solid income and long-term flexibility, making it ideal for investors, owner-occupants, or those seeking a 1031 exchange option.  The property features two detached 2BR/1BA units with each enjoying their own private yard space and a sense of separation, making it attractive to long-term tenants or multi-generational living.  Zoned RM-2-5, the lot also presents a future development upside with up to 9 units allowed by right, and potential for higher density through the Complete Communities Tier 3 program (FAR up to 6.5×). Whether held for cash flow or long-term repositioning, this property checks multiple investment boxes.  Located within a Transit Priority Area (TPA), Sustainable Development Area (SDA), and Qualified Opportunity Zone, the site benefits from reduced parking requirements, expedited permitting, and potential tax incentives. Nearby redevelopment efforts—including the planned 80-unit Southwest Village and several infill multifamily projects—are helping reshape the area’s trajectory.  Highlights: ±14,367 SF lot (RM-2-5 zoning)  Two existing detached 2BR/1BA income-producing units  $3,425/month in gross rental income  Potential for up to ±91,000 SF under Tier 3 Complete Communities (FAR up to 6.5×)  Transit- and incentive-rich location (TPA, SDA, Opportunity & Promise Zones)  Surrounded by new and upcoming development  Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment only—please do not disturb tenants.  Contact: Ivan Del Muro-Garcia | 760-448-2451

237 S Willie James Jones Avenue

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