6119 Broadway, San Diego, California 92114, San Diego, 92114 - 3 bed, 2 bath
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6119 Broadway
San Diego, California 92114
ACTIVE
CONDITION: TEAR DOWN
3Beds
2Baths
1,130Sq Ft
0.22Lot Size
Property Price
LIST PRICE$1,099,000
SUMMARY
Developers, Investors, Builders, Everyone, amazing opportunity to add value, with existing single family residence and plans ready to issue to build 12 new units (a mix of 2 bed and 1 bedroom units). Amazing rental upside. Start construction day 1.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1952 and over 70 years old with no significant renovations noted. The listing is explicitly marketed to developers and investors for the construction of 12 new units, indicating the existing structure is intended for removal to achieve the property's highest and best use.
PROSSTRENGTHS & OPPORTUNITIES
- Development Readiness
The property comes with plans ready to issue (RTI) for a 12-unit residential project, allowing a developer to bypass the lengthy entitlement process and begin construction immediately.
- High-Density Investment Potential
The ability to build 12 units on a 0.22-acre lot offers exceptional density and significant rental upside, maximizing the land's value in a high-demand San Diego submarket.
- Existing Income Stream
A functional 3-bedroom, 2-bathroom single-family residence is currently on-site, providing the opportunity for immediate rental income or a staging base during the pre-construction phase.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 9580.
- Compressed Profit Margins
The listing price has seen a significant increase from its recent sale history ($825,000 in late 2024 to $1,099,000), which may tighten the ROI for builders despite the value of the RTI plans.
- Aging Infrastructure
The existing structure was built in 1952, meaning any delay in redevelopment could lead to higher maintenance costs or eventual demolition expenses that must be factored into the total project budget.
About 6119 Broadway
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 0.22 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Encanto Elementary School
Grades K-5 • 0.5 mi
5/10
San Altos Elementary School
Grades PK-6 • 1.3 mi
5/10
Bell Middle School
Grades 6-8 • 2.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,130 | 1,752.269 |
| Lot Size | 0.22 | 6,446.159 |
| Price | $1.10M | $1.27M |
| Price per sq ft | $973 | $736 |
| Built year | 1952 | 1971 |
| HOA | $0 | $186 |
| Days on market | 60 | 41 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,099,000
Initial Listing
Sold
Feb 3, 2025
$900,000
Public Record
Sold
Dec 30, 2024
$825,000
Public Record