7453-55 Fulton St – 2 + 9 Unit Property

Price:

$1,800,000

Building Sq Footage:

1,248 SF

Property Type:

Multi-Family

Unit Count:

2

PROPERTY HIGHLIGHTS

7453-55 Fulton St is a fully entitled, shovel-ready 11-unit development: an income-producing duplex plus approved plans (City of San Diego PRJ-1115864) for nine detached and stacked ADUs across five new buildings, on an assembled dual-frontage site addressing both Fulton St and East Ingersoll St.

The existing duplex (2 × 1BR/1BA) remains in place and provides carry income while the buyer builds. The approved plans deliver 2 studios, 3 one-bedroom and 4 two-bedroom units – approximately 6,000 SF of new rental area at a 0.95 FAR – with five of the nine new units market-rate and four deed-restricted at moderate income under the City’s ADU Bonus Program (15-year restriction, SDHC-administered).

New construction includes a 563 SF garage in Building 3, adding dedicated on-site parking, and four of the five new buildings carry individual East Ingersoll St addresses – the addressing, access and staging questions of an assembled site are already solved.

Seth Watje

Seth Watje

President/Principal

DRE# 01805453
D: 858.867.3732
C: 619.358.3748
Watje@starkerwest.com

Adam D. Cairo

Adam D. Cairo

Vice President/Principal

DRE# 01948040
D: 858.867.3698
C: 619.300.0173
Cairo@starkerwest.com

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Contact Us

4010 Morena Blvd #103
San Diego, CA 92117
Tel: 858-867-3732
DRE#02172966
info@starkerwest.com