2676 Comstock Street
The opportunity
Not every viable project needs to be a large one — 2676 Comstock is the proof. Other operators in this exact area have already validated the playbook; we're applying it on our own terms, using the parcel's RM-1-1 zoning to add square footage where it creates the most value: the backyard.
The build is two brand-new 3-bedroom, 2-bath homes behind the existing house, each with its own private tandem parking off a quiet cul-de-sac alleyway. It's a textbook value-add, cash-out refinance play: create new rental square footage at a disciplined cost basis, refinance once stabilized to return the project's initial capital, and hold two income-producing homes for the long term — equity created through the build itself, on par with a mid-sized development, at a fraction of the complexity.
The project has broken ground and is in active construction.