1020 41st St., San Diego, California 92102, San Diego, 92102 - 5 bed, 3 bath
1020 41st St.
San Diego, California 92102
Property Price
SUMMARY
Analysis of 1020 41st St., San Diego, California 92102 reveals a property with a current list price of $999,000, which is 16% above the estimated $854,648 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1939, the property has undergone an extensive and complete recent renovation across all three units. It features high-end modern finishes including custom mahogany soft-close cabinetry, quartz countertops, farmhouse sinks, and stainless steel appliances. The integration of luxury vinyl flooring, dual-pane windows, owned solar, tankless water heaters, and updated electrical sub-panels indicates that all major components are new or virtually new, meeting the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Income Potential
This turn-key property offers three fully permitted units (SFR, ADU, and JADU) generating a robust $6,500 in monthly rental income, making it an ideal high-yield investment or a perfect house-hacking opportunity.
- Premium Modern Upgrades
The property features high-end finishes across all units, including owned solar, custom mahogany soft-close cabinets, quartz countertops, and stainless steel appliances, ensuring immediate occupancy with no additional capital expenditure.
- Autonomous Unit Features
Each unit is uniquely equipped with its own private laundry, separate tankless gas water heaters, and individual electrical sub-panels, significantly simplifying utility management and enhancing tenant privacy.
CONSRISKS & DEFICIENCIES
- High Density on Small Lot
With three separate living units situated on a modest 2,800 square foot lot, the property has a high density that limits yard space and may present parking challenges for multiple tenants.
- Lack of Central Cooling
While the units feature modern upgrades and wall heaters, the absence of a central air conditioning system may be a drawback for tenants during San Diego's warmer summer months.
About 1020 41st St.
Turn-Key 3-UNITS for the price of a single house! ADU & JADU are fully permitted & completely remodeled. SFR Front House, 2-BDRM, rents $2,400/mo. ADU Back House, 2-BDRM, rents $2,600/mo. Jr. ADU, Studio, rents $1,500/mo. Total rental income is $6,500/mo. Owned Solar. Each unit has beautiful custom mahogany soft-close cabinets, quartz counters, stainless steel appliances, farmhouse sinks, dual pane windows, luxury vinyl flooring, fans in the bedrooms, separate tankless gas water heaters, interior wall heater units, separate water shut-offs & individual electrical sub-panels. All units equipped with private laundry w/washers & dryers. Two units have over-sized and fully enclosed private patios! Move-in ready to live in one and rent the other two to help pay your mortgage or invest and rent all 3-units!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 2,800 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Rowan Elementary School
Grades K-5 • 0.6 mi
Chollas/Mead Elementary School
Grades K-5 • 0.7 mi
Baker Elementary School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,606 | 1,381.5 | 68% |
| Lot Size | 2,800 | 5,218.1 | 28% |
| Price | $999.0K | $816.0K | 60% |
| Price per sq ft | $622 | $691 | 45% |
| Built year | 1939 | 1953 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 204 | 188 | 57% |
Pricing History
Listed for Sale
Aug 15, 2025
$999,000
Initial Listing