4130 32 Vista Grande Drive, San Diego, CA 92115

• 2 beds |
• 1 bath |
• 806 sqft

Property Description

Rare turnkey development opportunity featuring fully entitled and already issued permitted approvals. This 0.18-acre parcel in the desirable Rolando Park neighborhood contains an already fully renovated single-family residence with all necessary permits and fees paid for construction of seven new residential units (3,783 SF total) using the ADU bonus program. With permits already in hand, this opportunity drastically reduces entitlement risk and soft costs, allowing developers to move directly into vertical construction on day one. Finished plans call for seven units (6 new) comprising four 1-bedroom/1-bathroom apartments, two 2-bedroom/1-bathroom apartments, and one 2-bedroom/1-bathroom single-family home (existing), projecting $18,000 per month in gross income. Located in the prime Rolando Park neighborhood, the property offers a walkable setting with easy access to San Diego State University, quality retail, dining, and the I-94 corridor. This centrally located San Diego submarket continues to experience persistently high housing demand, positioning this project perfectly for immediate production and strong returns.

Listing Status:

Active

Date Added:

September 19, 2026

Data Last Updated:

October 8, 2026 at 4:16PM

Listing Office:

LPT Realty : 877-366-2213

Listing Agent:

TJ Kirchoff : 619-990-8879

Contact:

619-990-8879

MLS ID:

NDP2608807

Interior

• General: Bedroom on Main Level
• Laundry: In Garage
• A/C: Central Air
• Heating: None
• Fireplace: None

Exterior

• Pool: None
• Parking: Parking spaces: 2

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRP
• School District: San Diego Unified
• County: San Diego

Lot

• Zoning: RS-1-74732620900
• View: NeighborhoodView

Utilities

• Sewer: Public Sewer

Financial

• Source: CRMLS_CRP