1729 33 Dahlia, San Diego, CA 92154

Property Description

Rare opportunity to own a high income producing investment property with strong cap rate potential. The property consists of two legal units and one additional unit with unknown permit status, for a total of three units.The front unit is a 2 bedroom 1 bathroom approximately 600 square feet. The main unit is a 2 bedroom 2 bathroom approximately 700 square feet and has just been fully remodeled. It is currently vacant and ready for a new tenant at market rent. The rear unit is a 1 bedroom 1 bathroom approximately 300 square feet with permit status unknown.Two units are currently occupied, providing immediate rental income, while the vacant unit offers upside potential for increased cash flow.Zoning allows for up to four units. The seller has already worked with an architect to prepare plans for future expansion, which are available for review.This is an excellent opportunity for investors looking for strong current income with additional development upside.

Listing Status:

Active

Date Added:

March 26, 2026

Data Last Updated:

April 2, 2026 at 1:16AM

Listing Office:

Bluxen, Inc. : 858-535-0000

Listing Agent:

Farid Khayamian : 858-922-4845

MLS ID:

260007028SD

Interior

• Appliances: Gas Water Heater
• A/C: Wall/Window Unit(s)
• Heating: Natural Gas

Exterior

• General: None
• Pool: None
• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: R-2:MINOR6270520700
• View: View
• Fencing: Partial

Financial

• Source: CRMLS_SAND