207 Cottonwood Road, San Ysidro, California 92173, San Ysidro, 92173 - 5 bed, 3 bath

207 Cottonwood Road, San Ysidro, California 92173 home-pic-0
ACTIVE$699,000
207 Cottonwood Road, San Ysidro, California 92173
5Beds
3Baths
1,474Sqft
8,276.4Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Immediate Positive Cash Flow: The property currently generates $4,175/month in gross rents, providing instant positive cash flow that can cover a significant portion of a potential mortgage.
Top Cons:
Age and Condition of Structures: Built in 1930, the property is likely to require substantial capital expenditures for deferred maintenance, repairs, and system upgrades across its multiple units.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1930 (95 years old).
Condition: Built in 1930, this multi-unit property shows significant age and requires substantial rehabilitation. The kitchens are extremely basic, outdated, and lack modern appliances or features. While one bathroom appears to have a budget-friendly update, the overall condition of the units is very dated, with mixed flooring (laminate, tile, old carpet/linoleum) and visible wall-mounted heaters indicating a lack of central HVAC. The exterior and common areas are unkempt, further suggesting deferred maintenance. The listing itself highlights 'value-add paths,' confirming the need for significant investment to improve the property's condition beyond its current functional but very basic state.
Year Built
1930
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$474
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508154
Home ConditionPoor
Features
Deck
ViewNeighborhood

About this home

Prime Multi-Unit Investment Opportunity in San Ysidro! Unlock immediate cash flow and long-term wealth building with this rare 5-bed, 3-bath income-producing compound on a spacious lot in the heart of booming San Ysidro—minutes from the border, freeways, and explosive commercial/residential growth. Current Rental Income Breakdown (Total: $4,175/month | $50,100/year): Main House (2 bed / 1 bath): $850/mo (tenant-occupied) Attached Back Unit (2 bed / 1 bath): $1,400/mo (tenant-occupied) Side Unit (1 bed / 1 bath): $800+/mo potential Manufactured Home (1 bed / 1 bath): $900/mo (tenant-occupied) RV Space: $475/mo (tenant-occupied) Detached Studio (~120 sqft, 1 bed / 1 bath): $550/mo (tenant-occupied) That’s $4,175/month in gross rents—enough to cover a ~$3,500 mortgage payment (est. 20% down, 6.5% rate, 30-yr fixed) with cash flow left over. At $699K, you’re buying below replacement cost with built-in equity and multiple value-add paths. Why This Property Crushes It: Instant positive cash flow from Day 1 Vacant side unit = immediate upside (rent at $800–$1,000+/mo) Zoning + lot size = ADU / new construction potential Live in one unit, rent the rest (house hack & eliminate your mortgage) San Ysidro’s growth trajectory: border proximity, new housing demand, and commercial expansion = rising rents & property values Key Development Standards for RM-1-1 Based on SDMC §131.0440 et seq. and 2025 updates: Standard Details Notes for this Lot (8257 sqft) Density Max 1 dwelling unit per 1,000 sq ft of lot area Floor Area Ratio (FAR) 0.75 (75% of lot area can be building footprint/floors) HeightMax 30 ft (2–3 stories) Setbacks Front: 15–20 ft (avg. of block); Side: 5 ft; Rear: 15 ft (or 20% of depth). Reduced for ADUs (4 ft side/rear). Lot Coverage Max 50% (buildings + impervious surfaces). Parking 1 space per unit (0.5 for studios/1-beds); none required for ADUs near transit (e.g., trolley in San Ysidro). DISCLAIMER: Broker and Broker’s Agent make no representations or guarantees regarding the accuracy of square footage, permitted or unpermitted improvements, bedroom/bathroom count, lot size, dimensions, school districts, or any other information concerning the physical condition or features of the property. Buyer is strongly advised to independently verify all material information through personal inspection and consultation with qualified professionals (e.g., appraisers, inspectors, city officials) prior to the removal of any contingencies in writing.

Price History

Date
Event
Price
02/02/09
Sold
$150,000
11/23/05
Sold
$424,000
Condition Rating
Poor

Built in 1930, this multi-unit property shows significant age and requires substantial rehabilitation. The kitchens are extremely basic, outdated, and lack modern appliances or features. While one bathroom appears to have a budget-friendly update, the overall condition of the units is very dated, with mixed flooring (laminate, tile, old carpet/linoleum) and visible wall-mounted heaters indicating a lack of central HVAC. The exterior and common areas are unkempt, further suggesting deferred maintenance. The listing itself highlights 'value-add paths,' confirming the need for significant investment to improve the property's condition beyond its current functional but very basic state.
Pros & Cons

Pros

Immediate Positive Cash Flow: The property currently generates $4,175/month in gross rents, providing instant positive cash flow that can cover a significant portion of a potential mortgage.
Significant Value-Add Potential: A large 8,276 sqft lot with RM-1-1 zoning offers immediate rental upside from the vacant side unit and long-term potential for ADU additions or new construction to maximize density and income.
Strategic Growth Location: Situated in San Ysidro, the property benefits from its proximity to the border, major freeways, and ongoing commercial/residential development, indicating strong potential for appreciation and rising rents.
Multi-Unit Income Diversification: The compound comprises multiple distinct rental units (main house, attached unit, side unit, manufactured home, RV space, studio), diversifying income streams and mitigating vacancy risk.
Attractive Price Point: Listed at $699,000, the property is positioned as buying 'below replacement cost' with 'built-in equity,' offering a potentially strong return on investment.

Cons

Age and Condition of Structures: Built in 1930, the property is likely to require substantial capital expenditures for deferred maintenance, repairs, and system upgrades across its multiple units.
Permitting and Legal Compliance Risks: The discrepancy between the 'Duplex' subtype and the description of six income-generating units, coupled with the broker's disclaimer regarding 'permitted or unpermitted improvements,' raises concerns about the legality and permitting status of all existing structures.
Inaccurate or Incomplete Square Footage Information: The listed 1,474 sqft likely does not represent the total living area of all income-producing units combined, making it challenging for buyers to accurately assess the property's true size and value per square foot.

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