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

1936 38 Broadway
San Diego, California 92102
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,317 | 1,344 | 33% |
| Lot Size | 4,868 | 5,662.8 | 33% |
| Price | $1.38M | $890.0K | 67% |
| Price per sq ft | $1.0K | $618 | 67% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 190 | 33% |
Pricing History
Listed for Sale
Dec 2, 2025
$1,375,000
Initial Listing









































