Property Description

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

Features
Swimming Pool:
N/K
Address Map
Country:
US
State:
CA
County:
SD
City:
San Diego
Zipcode:
92105
Street:
40th Street
Street Number:
3326
Longitude:
W118° 53' 24.5''
Latitude:
N32° 44' 27.2''
Directions:
GPS
Additional Info
Office Name:
Commercial Asset Advisors
Agent Name:
Maxwell Brown
Additional Information
Number Of Units Total:
4
Stories Total:
1
Listing Information
List Agent Mls Id:
CRP-818479
List Office Mls Id:
CRP-87970
Listing Term:
Conventional
Mls Status:
ACTIVE
Modification Timestamp:
2025-10-31T04:06:12Z
Originating System Name:
CRP

Residential Income

3326 40th Street, San Diego, CA 92105

2 Bedrooms
1 Bathrooms
$1,299,500
Listing ID #PTP2508010
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
PTP2508010
Price :
$1,299,500
Bedrooms :
2
Bathrooms :
1
Status :
Active
Property Sub Type :
Res Income 2-4 Units
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