1465 S 40th St., San Diego, California 92113, San Diego, 92113 - 3 bed, 2 bath
1465 S 40th St.
San Diego, California 92113
Property Price
SUMMARY
Analysis of 1465 S 40th St., San Diego, California 92113 reveals a Prime Investment Opportunity with a current list price of $749,000—significantly undercutting the $792,408 Fair Market Value by 5%. This valuation gap indicates a +$43,408 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1465 S 40th St. Subject | $749,000* List Price | 3 | 2 | 1,788 | $443 | - |
A 4048 Delta Sold | $682,000 | 3 | 1 | 1,688 | $404 | 0.2 mi |
B 812 West St Sold | $760,000 | 3 | 3 | 1,639 | $464 | 0.8 mi |
C 804 S 37th Street Sold | $715,000 | 3 | 2 | 1,513 | $473 | 0.6 mi |
D 736 Jewell Drive Sold | $699,000 | 4 | 2 | 1,530 | $457 | 0.7 mi |
E 4188 Eta Street Sold | $790,000 | 4 | 2 | 1,452 | $544 | 0.4 mi |
F 4606 Ocean View Boulevard Pending | $779,900 List Price | 3 | 2 | 1,687 | $462 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1952, the property is move-in ready and has undergone extensive recent renovations. The interior features modern luxury vinyl plank flooring, recessed lighting, and updated fixtures. The kitchen is well-appointed with contemporary white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms have been modernized with updated vanities and tile work. While the exterior and core infrastructure reflect its age, the living areas meet current aesthetic and functional standards for a 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9362, living area = 1788.
- Income & Multi-Generational Potential
The expanded layout and separate entrances offer exceptional flexibility for rental income opportunities or multi-generational living arrangements.
- Ample Parking and Storage
The property features a rare combination of a long driveway, carport, and a detached garage, providing extensive space for multiple vehicles and storage needs.
CONSRISKS & DEFICIENCIES
- Permit and Square Footage Discrepancy
A major discrepancy exists between public records (1,788 sq ft) and seller claims (2,995 sq ft), which may pose challenges for appraisals and financing due to potentially unpermitted additions.
- Aging Infrastructure
Originally built in 1952, the property likely requires modernization of its core systems and verification that all expanded rooms meet current safety and building codes.
About 1465 S 40th St.
Located in Logan Heights, this property offers a long driveway, carport, detached garage, and backyard. Expanded layout creates strong potential for multi generational living or rental income with separate entrances that allow for flexible living arrangements. Public records show 1,788 sq ft. Seller states property is approximately 2,995 sq ft including additional rooms not reflected in public records. Buyer to verify all measurements and permits.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Chavez Elementary School
Grades K-5 • 0.0 mi
Balboa Elementary School
Grades K-5 • 0.3 mi
Baker Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,788 | 1,104 | 96% |
| Lot Size | - | 5,000 | 13% |
| Price | $749.0K | $696.0K | 67% |
| Price per sq ft | $419 | $573 | 7% |
| Built year | 1952 | 1958 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 177 | 2% |
Pricing History
Listed for Sale
Mar 5, 2026
$749,000
Initial Listing