4204 4208 40th St, San Diego, CA 92105

San Diego
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
4204 4208 40th St,San Diego, CA 92105
$995,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nick atkin
Office: atkin homes corp.858-295-3375
MLS#:260025348SD
Source:CRMLS

Price summary

  • Price:$995,000

About this home

Now offered at $995,000. Four income-producing units generating $6,775/month in current gross income, including $625/month from the Clear Channel billboard lease. Located on a corner lot directly across from Teralta Park, the property consists of two original units plus two newly constructed ADUs completed in 2024 and currently leased. The unit mix includes two studios and two 1-bedroom units, approximately 320–448 sq ft. One original unit has been recently remodeled, while the remaining original units provide additional opportunity for future improvements. Four separate electric meters provide individual utility metering. With two newer units already completed and leased, existing billboard income, and additional value-add potential, the property offers multiple income streams without the need to build the additional units from the ground up. Commercial zoning may also provide longer-term redevelopment possibilities; buyer to independently verify permitted uses and development...

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Home facts

  • Year built:1936
  • Subdivision & Development:San Diego
  • Listing ID #:260025348SD
  • Added:16 day(s) ago
  • Updated:November 06, 2026 at 02:58 PM

Heating and cooling

  • Cooling:Heat Pump

Structure and exterior

  • Roof:Composition, Rolled Hot Mop
  • Year built:1936
  • Lot area:0.06 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$995,000
Based on information from California Regional Multiple Listing Service, Inc. as of November 6, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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