3050 K, San Diego, California 92102, San Diego, 92102 - 3 bed, 2 bath
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San Diego, California 92102
This Turnkey Multi-Unit Income Property is listed at $1,499,999, offering a rare, fully permitted residential compound at a stable valuation relative to its $1,436,477 Fair Market Value. Boasting a Mint Condition Rating, the estate comprises a 4-bedroom main house and two 2-bedroom units, all featuring modern open layouts and quality finishes. The high-utilization 7,050 sq. ft. lot provides secure parking and immediate cash flow. Located within the San Diego Unified district near Kimbrough Elementary, this versatile asset is a premier choice for 1031 Exchange Investors or Owner-Occupants seeking long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3050 K Subject | $1,499,999* List Price | 3 | 2 | 1,188 | $1,209 | - |
A 2858 E St Sold | $1,205,000 | 3 | 2 | 1,332 | $905 | 0.5 mi |
B 1640 Grove Street Sold | $1,205,000 | 3 | 1 | 1,200 | $1,004 | 1.0 mi |
C 1634 Fern Street Sold | $1,365,000 | 2 | 2 | 1,022 | $1,336 | 1.0 mi |
D 2819 A St Pending | $1,525,000 List Price | 3 | 2 | 1,312 | $1,162 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been recently remodeled and is in mint, turnkey condition. It features modern bathrooms with new tile work and fixtures, updated LVP flooring throughout, fresh paint, and new mini-split HVAC systems, meeting the criteria for a high-quality renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7050, living area = 1188.
This turnkey three-unit property is fully rented, offering immediate cash flow and making it an ideal asset for 1031 exchange buyers or investors looking to subsidize their mortgage through house-hacking.
The property has been recently remodeled and is fully permitted, featuring modern open layouts, quality finishes, and updated systems across all three units, ensuring low immediate maintenance costs.
The majority of the assigned public schools in the immediate vicinity have lower performance ratings (ranging from 3 to 5), which may be a deterrent for families prioritizing high-ranking educational districts.
With a previous sale price of $605,000 in mid-2023, the current list price of $1.5M represents a very steep increase that may lead to appraisal challenges or buyer hesitation regarding the neighborhood's value ceiling.
Turnkey three 3- Unit opportunity in one of San Diego’s fastest growing neighborhoods. Recently remodeled and fully permitted this property is ideal for investors 1031 exchange buyers and multigenerational living. The main home offers 4 beds and 3.5 baths with a modern open layout quality finishes and great natural light. Two additional units each feature 2 beds and 1 bath with alley access private entries and everything new before the tenants moved in. All three units are currently rented providing immediate cash flow in beautiful San Diego. Custom wrought iron gate and plentiful onsite parking add security and convenience. This is an excellent option to live in one unit and rent the others to help subsidize the mortgage or to move in with family and keep everyone close while building long term wealth.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,188 | 1,290.5 | 38% |
| Lot Size | 7,050 | 5,330.5 | 72% |
| Price | $1.50M | $806.0K | 81% |
| Price per sq ft | $1.3K | $787 | 94% |
| Built year | 2000 | 1954 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 133 | 9% |
Apr 18, 2026
$1,499,999
Initial Listing
May 24, 2023
$605,000
Public Record
Oct 4, 2002
$185,000
Public Record
Oct 4, 2002
$165,000
Public Record