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

1936 38 Broadway, San Diego, California 92102 home-pic-0
ACTIVE$1,375,000
1936 38 Broadway, San Diego, California 92102
0Bed
0Bath
1,317Sqft
4,868Lot
Year Built
1953
Close
-
List price
$1.38M
Original List price
$1.38M
Price/Sqft
$1,044
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2511201
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.38M(50th), sqft - 1317(50th), beds - undefined(50th), baths - undefined(50th).

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.

Price History

Date
Event
Price
12/02/25
Listing
$1,375,000
Condition Rating
Excellent

Despite being built in 1953, the property has been 'completely remodeled' as stated in the description, and the images strongly support this. Both kitchens and bathrooms feature modern white shaker cabinets, new countertops (butcher block in one kitchen), new sinks, modern faucets, and contemporary subway tiling in the bathrooms. The flooring throughout is new (wood-look laminate/vinyl plank or dark painted wood), walls are freshly painted white, and light fixtures are modern flush mounts. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, indicating an extensive and recent renovation.
Pros & Cons

Pros

Development Potential: Situated on an oversized lot with excellent development potential, including ADUs and leveraging the Complete Communities program for infill development.
Non-Historic Status: Confirmed Non-Historic Determination (valid for five years) removes a significant barrier, providing a clear path for redevelopment and future project planning.
Remodeled & Rent-Ready: The duplex is completely remodeled and rent-ready, offering immediate rental income potential with minimal upfront landlord effort.
Prime Urban Location: Located in the heart of Golden Hill, minutes from Downtown San Diego, Balboa Park, and major freeways, offering excellent convenience and desirability.
Income-Generating Property: As a duplex, it provides immediate rental income from two distinct units (1 BR/1 BA and 2 BR/1 BA), enhancing its investment appeal.

Cons

Conceptual Development Plans: The attached development schemes are conceptual and have not been submitted for approval, meaning significant further investment in planning and permits is required to realize the full potential.
Aging Underlying Structure: Built in 1953, despite being remodeled, the underlying structure is over 70 years old, which could lead to unforeseen maintenance or infrastructure costs in the long term.
Compact Unit Sizes: The units are relatively small (1 BR/1 BA and 2 BR/1 BA), and the total square footage of 1317 for a duplex indicates compact living spaces, potentially limiting tenant appeal.

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