About 2307-9 E 5th
A rare opportunity to own an investment compound featuring three separate residences on an oversized 11,719 sq. ft. lot just minutes from Downtown San Diego. The property includes a spacious 3 bedroom, 2 bathroom main residence, a 1 bedroom, 1 bathroom upstairs unit with neighborhood and city views, and a detached 2 bedroom, 1 bathroom rear home, offering an attractive unit mix for investors, owner-occupants, and multi-generational living. Currently generating $6,040 per month in gross rental income, all three units are occupied on month-to-month rental agreements, providing immediate cash flow with future flexibility and rental upside. The expansive property features a detached garage, ample off-street parking, generous outdoor space, and an excellent layout with separation between the front and rear residences. Ideally located near El Toyon Park and just minutes from Downtown San Diego, Coronado, the Port of San Diego, Naval Base San Diego, shopping, dining, schools, and major freeways, this property offers outstanding convenience and long-term investment appeal. Whether you're expanding your investment portfolio, looking to offset your mortgage by living in one unit while collecting rental income from the others, or seeking a unique multi-generational living opportunity, this exceptional property delivers versatility, strong in-place income, and exceptional long-term potential.
