4204-4208 40th St, San Diego, CA, 92105

USD 1,195,000
For Sale

Property Details

Bedrooms

2

Bathrooms

4

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 2 • Bathrooms: 4 • Square Feet: 1514 • Lot/Size: 2,584 sqft lot

Description: Rare 4-unit investment opportunity across from Teralta Park offering strong in-place income and long-term upside. Corner lot property featuring two original studio units and two newly constructed ADUs (4208) completed in 2024 with final sign-off—both currently leased. Unit mix includes two studios and two 1-bedroom units (approx. 320–448 sq ft), providing a diversified rental profile. Total current gross income of $6,775/month, including $625/month from a Clear Channel billboard lease. Property includes 4 separate meters for clean utility separation and operational efficiency. One unit has been recently updated, with additional value-add potential in the remaining original units

Location

Address

4204-4208 40th St, San Diego, CA, 92105

City

San Diego

Features and Finishes

Year Built: 1936; [object Object]; [object Object]; [object Object]

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