3326 40th Street, San Diego, CA 92105
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
3326 40th Street,San Diego, CA 92105
$1,299,500
- 2 Beds
- 1 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:maxwell brown
Office:commercial asset advisors
MLS#:PTP2508010
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,299,500
About this home
Do not disturb tenants or enter property without approval. 332628 & 333032 40th Street present a unique opportunity for an owner-user, investor, or flipper to acquire two contiguous duplexes on separate APNs in a centrally located San Diego neighborhood. Each duplex features a 1,216 sq. ft. single-story structure comprised of two 2-bedroom / 1-bath units (approx. 608 sq. ft. each) with vaulted ceilings and private mid-size yards. There is a total unit count of Four with a total square footage of 2,432. One unit has been fully renovated and is move-in ready, offering immediate occupancy for an owner or solid rent potential for an investor. The properties feature lightly pitched roofs and raised foundations for easy maintenance, along with a total of 5 gas meters, 5 electric meters, and 1 water meterwith the additional gas and electric meters servicing the shared laundry room. There are 5 off-street parking spaces on site. For investors or renovators, theres clear upside potential. A savvy buyer could modernize the remaining three units and sell each duplex individually at an estimated ARV of $1,700,000$1,750,000. To facilitate separate sales, a second water meter would need to be established. Nestled in a quiet southwestern pocket of central San Diego known as Castle Park, the area is characterized by wide streets, single-family homes, and duplexes within the RS-1-7 zoning district. The location offers excellent accessibility to nearby retail, employment, and major freeways (I-15, I-805, I-8, and SR-94). Residents enjoy proximity to many of San Diegos key employment and life
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Home facts
- Listing ID #:PTP2508010
- Added:11 day(s) ago
- Updated:November 03, 2025 at 04:18 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
Finances and disclosures
- Price:$1,299,500
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