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2249 Dunlop St #511 / 31 · Click to zoom

About this home

This property presents a rare chance to capitalize on San Diego s thriving multifamily market. This site offers significant scale for a developer looking to maximize returns. Currently, 10 units are in the permitting process, giving an incoming buyer a valuable head start while still leaving room to unlock the full potential of the lot. The location and zoning make this an ideal opportunity for an experienced builder or developer to execute at scale, or for a growing investor ready to step into their first major project. With strong demand for new housing in San Diego and limited infill opportunities of this size, this site represents both immediate momentum and long-term upside. Whether you choose to move forward with the existing plans or pursue the full 44-unit vision, this property offers the flexibility, scale, and timing to deliver exceptional results. Centrally located, close to Fashion Valley, SeaWorld, USD and beaches with easy freeway access. This property is ideally positioned to attract stable, long-term and short-term tenants.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$995,000 · Jan 2025
📋 Assessed value$1,014,900
💵 Annual tax$1,170
🏫 School districtSan Diego City Unified School District

MLS #PTP2600716MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Down payment %
Interest rate %
Loan term (yrs)
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Estimated total monthly payment
$8,144
Principal & interest$6,574
Property tax$1,192
Home insurance$379
Down payment: $260,000Loan: $1,040,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.