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Bailey Properties
5649 5649 Lauretta, San Diego, CA 92110
- $1,150,000
- 3
- BD
- 2
- BA
Listed by Christian Diaz, 949-945-4925 from RAD Real Estate Co.
(If provided) CoList: from
Sold listing courtesy of Lanz Correia from
- Sold Price
- $1,150,000
- List Price
- $1,299,000
- Closing Date
- Dec 15, 2025
- MLS#
- CROC25235828
- Status
- SOLD
- Levels
- One Story
- Bedrooms
- 3
- Total Bathrooms
- 2
- Full Bathrooms
- 2
- Lot Size
- 5,000
- Listing Area
- 92110 - Old Town Sd
- Year Built
- 1956
Property Description
Exceptional investment or redevelopment opportunity in the sought-after Morena District, just minutes from USD, Mission Bay, and Fashion Valley. This 3-bed, 2-bath single-family home sits on a 5,000 sq ft lot with alley access - ideal for ADU additions, redevelopment, or multi-unit potential under San Diego's Complete Communities program which extends the density to 4.0 FAR or (20,000 sqft). The existing home offers approximately 1,080 sq ft of living space with classic mid-century charm, a detached garage, and a functional layout ready for renovation or re-use. The property's location, zoning flexibility, and strong rental demand make it a standout opportunity for builders, investors, and small-scale developers alike. Highlights include, flat 5,000 sq ft lot with alley access, zoned for density bonus / ADU potential (verify with city), centrally located near USD, Mission Valley, and major freeways, minutes to beaches, downtown, and top retail centers, strong rental demand and redevelopment upside. Don't miss this rare chance to secure a property with both short-term income potential and long-term development value in one of San Diego's fastest-growing submarkets.
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Additional Information
- Acres
- 0.11
- Age
- 70
- Bedroom Description
- Ground Floor Bedroom
- Cooling System
- None
- Fireplace Description
- None
- Laundry Facilities
- In Laundry Room, 30
- Levels
- One Story
- Lot Size
- 5,000
- Neighborhood
- 92110 - Old Town Sd
- Pool Description
- None
- Unincorporated Yn
- Yes
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