2956-2960 Ulric St, San Diego, 92111

2 Bedroom 1 bath detached single family house + two new construction 3 bedroom 2 bathroom townhomes with garages. This turnkey investment requires no capital improvements and delivers a Gross Scheduled Income comparable to many 4-unit sales in the area. With a competitive GRM and CAP rate for this coastal-adjacent neighborhood, the property features large, well-designed units with granite countertops, stylish cabinetry, illuminated mirrors, and sleek finishes throughout. Each townhome includes an attached garage and private rear patio—amenities that attract long-term tenants and demand strong rental prices. Two of the units are already receiving market rents and the 3rd vacant offering flexibility for the next owner.