1771 Kettner Blvd
San Diego, CA 92101 Little Italy

1765–1771 Kettner Blvd delivers near-term income and long-term optionality in one of San Diego's most supply-constrained urban submarkets. The ~0.11-acre property operates as small multifamily residential along Kettner Boulevard, generating stable rental income on a well-located infill parcel with meaningful redevelopment potential.

The thesis is straightforward: hold a cash-flowing asset in a high-barrier submarket and retain the option to redevelop into higher-density residential or condominiums when entitlement timing, construction costs, and market conditions align. That optionality is anchored by real submarket conviction — directly adjacent, The Abraham Companies is advancing Aprés Little Italy, a proposed 27-story, 153-unit mixed-use tower at 1844 India Street.

The asset is underwritten on its rental merits. Redevelopment potential represents additional upside — not a prerequisite for the investment to perform.