4130 32 Vista Grande Drive, San Diego, CA 92115 (MLS # NDP2608807)

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PRICE $995,000 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 806 sqft
LOT SIZE 7,702 sqft

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.

DAYS ON MARKET 2 LAST UPDATED 9/20/2026
YEAR BUILT 1951 COMMUNITY 92115 - San Diego
GARAGE SPACES 1.0 COUNTY San Diego
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 92115 - San Diego
GARAGE Attached Garage, Yes
HEAT None
LOT 7701 sq ft
LOT DIMENSIONS 7700
PARKING Attached
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
VIEW Yes
VIEW DESCRIPTION Neighborhood
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Listed with LPT Realty

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