1936 38 Broadway, San Diego, California 92102, San Diego, 92102 - bed, bath

1936 38 Broadway, San Diego, California 92102 home-pic-0

1936 38 Broadway

San Diego, California 92102

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,317Sq Ft
4,868Lot Size

Property Price

LIST PRICE$1,375,000

SUMMARY

Analysis of 1936 38 Broadway, San Diego, California 92102 is currently available with a list price of $1,375,000. 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.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1953, this duplex has undergone an extensive recent renovation that brings it to a like-new condition. The interiors feature new luxury vinyl plank flooring, fresh paint, and updated recessed lighting. The kitchens are fully modernized with new white shaker-style cabinetry, butcher block countertops, and stainless steel appliances. Functional upgrades include new water heaters, updated vinyl windows, and new laundry hookups, leaving no visible deferred maintenance and making the property fully turnkey.

PROSSTRENGTHS & OPPORTUNITIES

  • Significant Development Potential

    The property qualifies for the Complete Communities program and has a confirmed Non-Historic Determination valid until 2027, streamlining the path for high-density infill or ADU expansion.

  • Turnkey Condition

    Both units are completely remodeled and rent-ready with new water heaters and laundry hookups, allowing for immediate cash flow without the need for initial capital improvements.

  • Prime Urban Location

    Situated in the highly desirable Golden Hill neighborhood, the property offers exceptional proximity to Downtown San Diego, Balboa Park, and major freeway corridors.

CONSRISKS & DEFICIENCIES

  • High Price Per Square Foot

    At a list price of $1,375,000 for 1,317 square feet, the valuation is heavily weighted toward future development potential rather than the existing structure's footprint.

  • Unapproved Development Concepts

    While development schemes are provided, they are conceptual only and have not been submitted for approval, leaving the buyer to navigate the permitting risk and costs.

  • Limited Existing Parking

    With only one garage space for two units, parking may become a constraint for tenants or future residents in this high-density urban area.

About 1936 38 Broadway

Completely remodeled and rent-ready duplex in the heart of Golden Hill, situated on an oversized lot with excellent development potential, including ADU’s as one of several options. This versatile opportunity allows for immediate rental income, expand the existing structures, or leverage the Complete Communities program to create a small-to-mid-sized infill development project. The City of San Diego has confirmed the property’s Non-Historic Determination as of 2022. Therefore, no historic report is required, and the determination is valid for five years, providing a clear path for redevelopment and future project planning. Just minutes from Downtown San Diego, Balboa Park, and major freeways, this property offers excellent convenience. The front, street level unit features 1 BR, 1 BA, and an eat in kitchen. The rear upstairs unit offers 2 BR, 1 BA. Under the rear the unit is a basement that could be utilized as extra storage. Each unit enjoys the added benefits of new water heaters and laundry hookups. Onsite, there is a one-car garage and additional off-street parking. The attached development schemes are conceptual ideas only, they have not been submitted for approval. Please refer to the attached document. An excellent opportunity to own a flexible, high potential property in one of San Diego’s most desirable urban neighborhoods.

Property Details

Public Facts

Property Type
Duplex
Year Built
1953
Lot Size
4,868 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot1,3171,344
33%
Lot Size4,8685,662.8
33%
Price$1.38M$890.0K
67%
Price per sq ft$1.0K$618
67%
Built year19531953
50%
HOA$0$0
50%
Days on market95190
33%

Pricing History

Listed for Sale

Dec 2, 2025

$1,375,000

Initial Listing

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