Ground Zero
    Ground Zero
    +1 619-319-9376admin@groundzerosd.com

    3030 El Cajon Blvd

    San Diego, CA 92104

    Office visits by appointment.

    InstagramYouTube
    Texas St. Development

    Texas St. Development

    TypeValue-Add
    NeighborhoodNorth Park
    Size5 Units
    StatusConstruction

    About the Project

    This is a heavy value-add play through and through, and one we earned the hard way competing against other teams for the deal, then out-executing where others might have hesitated. None of the units were livable at acquisition, but that's precisely what let us lock in one of the lowest cost bases the area has seen in years. Where others saw a distressed property, we saw an opportunity most weren't equipped to unlock.

    The property offers a compelling mix: one short-term rental and four long-term units, including a creative conversion of an underutilized garage and laundry room into a brand-new, market-rate 1-bedroom home. It's a textbook example of what disciplined execution can do with an overlooked asset.

    Texas St. Development - Image 1
    Texas St. Development - Image 2
    Texas St. Development - Image 3
    Texas St. Development - Image 4
    Texas St. Development - Image 5
    Texas St. Development - Image 6