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
- Swimming Pool:
- N/K
- 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
- Office Name:
- Commercial Asset Advisors
- Agent Name:
- Maxwell Brown
- Number Of Units Total:
- 4
- Stories Total:
- 1
- 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
- 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