1040-1042 Redwood Street, San Diego, CA 92103

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1040-1042 Redwood Street,San Diego, CA 92103
$2,275,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:aaron bove
Office:marcus & millichap
MLS#:250033412
Source:SANDICOR

Price summary

  • Price:$2,275,000

About this home

Located in the heart of Mission Hills, 1040-42 Redwood Street offers a rare blend of existing income and future development upside. The property features a fully rented duplex comprised of two spacious 2-bedroom, 1-bathroom units with a detached garage, generating steady in-place income from day one. Set on an approximately 8,749 SF lot (87.5’ x 100’), the site is zoned RM-2-5 with a CCHS Tier 3 overlay allowing a 6.5x FAR and FAA clearance. Mission Hills continues to see strong growth, supported by its walkability, central location, and proximity to major job centers. With its classic charm and development-friendly zoning, this property is well-suited for investors looking to capitalize on both immediate cash flow and long-term potential.

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Home facts

  • Year built:1942
  • Listing Id #:250033412
  • Added:20 day(s) ago
  • Updated:August 14, 2025 at 07:33 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2

Structure and exterior

  • Year built:1942

Finances and disclosures

  • Price:$2,275,000
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