$1,299,500

3326 & 3330 40th Street, San Diego, CA 92105

  • 2,432 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon6,717sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $534/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

Do not disturb tenants or enter property without approval. 3326–28 & 3330–32 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 meter—with the additional gas and electric meters servicing the shared laundry room. There are 5 off-street parking spaces on site. For investors or renovators, there’s 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 Diego’s key employment and lifestyle hubs, all within a 5–15 minute drive—including Downtown San Diego, North Park, Fashion Valley, Mission Valley, SDSU, USD, Naval Base San Diego, and Scripps Medical Center.

Listing Status:
Active
Date Added:
October 25, 2025 at 05:00AM
Listing Office:
Commercial Asset Advisors : 858-360-3000
Listing Agent:
Maxwell Brown : 925-872-6746
MLS ID:
PTP2508010
  • Laundry: Common Area
  • A/C: None
  • Heating: None
  • Disability Feature: Parking
  • Pool: None
  • Parking: Parking spaces: 5
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRP
  • County: San Diego
  • Zoning: R-24543111500
  • Sewer: Public Sewer
  • Source: CRMLS_CRP

This listing courtesy of Maxwell Brown, Commercial Asset Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Joyner Elementary School

4271 Myrtle Ave, San Diego, CA, 92105

Grades KG-5

0.41 miles away

C

Clark Middle School

4388 Thorn St, San Diego, CA, 92105

Grades 6-8

0.57 miles away

H

Hoover High School

4474 El Cajon Blvd, San Diego, CA, 92115

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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