2944 46 Webster Avenue, San Diego, California 92113, San Diego, 92113 - 0 bed, 0 bath
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2944 46 Webster Avenue
San Diego, California 92113
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,671Sq Ft
7,108Lot Size
Property Price
LIST PRICE$895,000
EST. MARKET VALUE
$956,782
6% BelowMARKET VALUE
SUMMARY
This Duplex Residential Income property is a Strong Value Opportunity, listed at $895,000—positioned well below the $956,782 Fair Market Value by 6%. This valuation gap offers $61,782 in Instant Equity. Featuring an Updated Condition Rating with modernized kitchens and baths, the property includes a Patio and ADU Potential on a 7,108 SF lot. Its location in a Transit Priority Area near downtown makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating asset.
Estimated Market Value
$956,782+$61,782 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Both detached homes were updated within the last 10 years with modernized kitchens and bathrooms. Interior photos show well-maintained living spaces with laminate flooring, recessed lighting, and ceiling fans making them move-in ready, though the exterior shows some minor cosmetic wear and outdoor laundry setups.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Versatility
The property features two fully detached homes on a single 7,108 SF lot, offering an ideal setup for multi-generational living or a 'house-hack' investment strategy with flexible occupancy options.
- Development & ADU Potential
Situated within a Transit Priority and Sustainable Development Area, the detached two-car garage and large lot size provide significant potential for ADU conversion and increased density.
- Strategic Central Location
Located just two miles from Downtown San Diego and Petco Park, the property offers excellent accessibility to major freeways, the trolley station, and the vibrant Barrio Logan district.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The assigned public schools for this address carry lower performance ratings (ranging from 3 to 4), which may be a consideration for families prioritizing high-ranking educational districts.
- Income Optimization Requirements
While month-to-month agreements offer flexibility, long-term tenancies often result in below-market rents, requiring the new owner to manage a transition to reach the property's full income potential.
About 2944 46 Webster Avenue
Two fully detached homes on one 7,108 SF lot in Logan Heights. The front house is a 3 bedroom, 2 bath of approximately 1,021 SF and the rear house is a 2 bedroom, 1 bath of approximately 650 SF, and both have been updated within the last 10 years with updated kitchens and bathrooms. A detached 2 car garage with ADU potential and a long driveway provide plenty of off street parking. Both homes are occupied by long term tenants on month to month agreements, which suits an investor as well as an owner user who wants to occupy one home and rent the other. The parcel sits within a Transit Priority Area and a Sustainable Development Area. Located about two miles from Downtown and Petco Park, a third of a mile from the 32nd & Commercial trolley station, minutes from Barrio Logan's restaurants and galleries, and close to I-5, I-15, and SR-94.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1960
- Lot Size
- 7,108 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Kimbrough Elementary School
Grades K-5 • 0.3 mi
3/10
Burbank Elementary School
Grades K-5 • 0.5 mi
3/10
Rodriguez Elementary School
Grades K-5 • 0.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 3.1 |
| Square foot | 1,671 | 1,907.722 |
| Lot Size | 7,108 | 6,135.853 |
| Price | $895.0K | $1.09M |
| Price per sq ft | $536 | $597 |
| Built year | 1960 | 1971 |
| HOA | $0 | $365 |
| Days on market | 38 | 62 |
Pricing History
Listed for Sale
Sep 17, 2026
$895,000
Initial Listing
Sold
Feb 22, 2019
$650,000
Public Record
Sold
Jun 3, 2016
$525,000
Public Record
Sold
Oct 26, 2015
$345,000
Public Record
Sold
Jul 1, 2003
$256,000
Public Record
Sold
Dec 22, 1999
$103,000
Public Record