1135 - 41 26th Street, San Diego, CA 92102
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates



Listed by:brant l candelore
Office:brant candelore, broker
MLS#:240018236
Source:SANDICOR
Price summary
- Price:$1,375,000
- Price per sq. ft.:$1,562.5
About this home
Property has been successfully UPGRADED. The parcels consisting 534-301-02-00 and 534-301-01-00 have been MERGED by the County into a single NEW PARCEL #534-301-24-00. We previously received a great deal of interest from smaller investors, but conventional financing had been difficult as 534-301-01-00 (.06 acres) was a vacant lot. Now, 534-301-24-00 (.12 acres) is duplex with 4 garages with .06 acres of it being undeveloped. It should be possible for a buyer to move into one of the cottages and rent out the other to help pay for the mortgage. Fannie Mae, owner-occupied financing should be possible for the ENTIRE PROPERTY now. An additional UPGRADE was the EXTENSION OF THE DRIVEWAY to be entirely on the 534-301-24-00 parcel to eliminate a shared driveway from B Street with the neighbor to the East. This should allow the entire parcel to be developable. This duplex is located in a vibrant part of Golden Hill. It is on the path of redevelopment. Pershing Drive turns into 26th street, and therefore 26th Street is a main gateway to Golden Hill and Balboa Park! Each unit has a small patio and off-street parking which is highly desirable in this part of the town. There are two 1-car garages below each cottage for a total of 4 garages. This property in the path of major redevelopment and has the potential for of over 30 units. There are many possibilities. Buyers to verify the number of entitlements with the City of San Diego. The Projected Income was based on $1850 with each cottage having 1 garage. The 2 remaining 2 garages could fetch $200/month separately.
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Home facts
- Year built:1941
- Listing Id #:240018236
- Added:372 day(s) ago
- Updated:August 14, 2025 at 01:41 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:880 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1941
- Building area:880 sq. ft.
Finances and disclosures
- Price:$1,375,000
- Price per sq. ft.:$1,562.5
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