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Result: Mispriced Residential Market

Land Race: The Opportunity is Now

After this ADU craze fully catches on, prices will dramatically increase as awareness of development potential increases. We have a unique opportunity to acquire these properties now before homeowner awareness and prices jump.

California is looking to San Diego as a model for the state’s solution to the housing crisis. If San Diego succeeds, the entire state’s laws will soon follow to match.

Traditional homeowners assess their properties based on values from websites such as Redfin and Zillow, not realizing development potential

After this ADU craze fully catches on, prices will dramatically increase as awareness of development potential increases

We have a unique opportunity to acquire these properties now before homeowner awareness and prices jump

California is looking to San Diego as a model for the state’s solution to the housing crisis

If San Diego succeeds, the state’s laws will soon follow to match

"San Diego has embarked on a massive housing experiment and the region’s future may be riding on how it turns out."

- The San Diego Union Tribune

Capitalizing on Low Development Basis

The new multifamily development potential has not been priced into the single family market. GS Capital will acquire sites at existing residential valuations and add units under the new regulations.

GS Capital Fund I - Sample Properties in Escrow

3346 Lockwood Dr

Purchased price
$650,000
Units
7
Total projected cost
$1,650,000
Return on cost
93.94%
Projected sale price
$3,200,000
Projected profit
$1,550,000

0 Leghorn Ave

Purchased price
$530,000
Units
76
Total projected cost
$12,660,000
Return on cost
123.54%
Projected sale price
$28,300,000
Projected profit
$15,640,000

2596 Chalcedony St

Purchased price
$4,635,000
Units
122
Total projected cost
$26,790,000
Return on cost
135.16%
Projected sale price
$63,000,000
Projected profit
$36,120,000

Target Portfolio Acquisitions

Through our lead gen process, we expect to acquire 5-10 development sites per month with density potentials ranging from 5 units up to 150+ units.

Fund 1 Anticipated Development Projects

Property Address
# of Units
Year
Exit Strategy
Total Capital Request
390 Treewood St, San Diego, CA 92114
39
2023
Development
$1,953,052
432 27th St, San Diego, CA 92102
30
2023
Development
$1,569,200
77150 Volta Ct. San Diego, CA 92111
17
2023
Development
$1,227,309
6782- B6 Brookly Ave, San Diego 92114
40
2023
Development
$2,200,706
1748 Hanford Dr, San Diego, CA 92111
12
2023
Development
$10,000,000
1905 Burrought Dr, San Diego, CA 92111
10
2023
Development
$800,000
4602 Shashoni Avenue, San Diego, CA 92117
11
2023
Development
$808,686
428 28th St, San Diego, CA 92102
13
2023
Development
$796,143
0 Benson Ave / 6430 Elean or Dr, San Diego, CA 92114
107
2023
Development
$5,000,000
4421 Logan Ave, San Diego, CA 92113
42
2023
Development
$2,000,000
6989 Saranac St, San Diego, CA 92115
12
2023
Development
$667,912