3132 36 45th Street, San Diego, California 92105, San Diego, 92105 - 5 bed, 3 bath
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San Diego, California 92105
This Versatile Residential Income Duplex is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,215,545 Fair Market Value by 9%. This valuation gap provides $116,545 in Instant Equity. Boasting an Excellent Condition Rating, the property features modern renovations, owned solar, and individual mini-split systems. With a 3-bedroom lower unit and a 2-bedroom upper unit, it offers significant rental upside or a turnkey house-hack near Hamilton Elementary School. This is a premier acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3132 36 45th Street Subject | $1,099,000* List Price | 5 | 3 | 2,624 | $463 | - |
A 3940 Manzanita Sold | $1,160,000 | 0 | 0 | 2,400 | $483 | 0.8 mi |
B 4220 24 Poplar Street Pending | $899,000 List Price | 4 | 3 | 2,016 | $446 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1979, the property has undergone extensive recent renovations that meet modern standards. The interiors feature new wide-plank flooring, updated kitchens with white shaker cabinetry, stone countertops, and stainless steel appliances. Bathrooms have been fully remodeled with contemporary tile work and vanities. Major system upgrades, including individual mini-split HVAC units in every room, double-pane windows, and owned solar, indicate a high level of maintenance and virtually no deferred maintenance.
The property features owned solar for the upper unit and individual mini-split systems in every room, providing significant utility savings and customizable year-round comfort.
With a 3-bedroom/2-bathroom lower unit and a 2-bedroom/1-bathroom upper unit, this duplex offers excellent flexibility for house-hacking, multi-generational living, or dual rental income.
The inclusion of double-pane windows for noise reduction and energy efficiency, along with new appliances and thoughtful updates, reduces immediate capital expenditure for a new owner.
Built in 1979, the property may require more frequent maintenance or future updates to original core systems compared to newer residential income developments.
The listing indicates no significant views, which may be a drawback for owner-occupants seeking the typical aesthetic premiums found in other San Diego neighborhoods.
Assumable VA loan 2.5% interest rate. Loan balance 909k. Amazing opportunity for someone with VA eligibility available. Situated in a central San Diego location, 3132–36 45th Street presents a rare opportunity to own a versatile and well-maintained duplex with strong lifestyle appeal. The property features two distinct units, offering flexibility for multi-generational living, rental income, or owner occupancy. The lower unit offers a spacious 3 bedroom, 2 bathroom layout with abundant storage and thoughtful updates throughout, including a new washer and dryer. The upper unit features 2 bedrooms and 1 bathroom, complemented by a new refrigerator and the added benefit of owned solar for improved energy efficiency. Both units are equipped with individual mini split systems in each room, providing customizable comfort year round, along with double pane windows that enhance energy efficiency and interior quiet. Located near a walking trail and convenient to shopping, dining, and commuter routes, this property blends everyday livability with long term value. Whether you are looking to live in one unit and rent the other or maximize dual rental potential, this duplex offers a compelling opportunity in a growing area of San Diego.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 2.0 | 78% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 2,624 | 1,698 | 89% |
| Lot Size | 6,534 | 5,227.2 | 67% |
| Price | $1.10M | $820.0K | 67% |
| Price per sq ft | $419 | $483 | 22% |
| Built year | 1979 | 1952 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 135 | 11% |
Apr 2, 2026
$1,099,000
Initial Listing
Jul 12, 2021
$985,000
Public Record
Aug 9, 2017
$685,000
Public Record
Mar 27, 2017
$425,000
Public Record
Jan 3, 2006
$128,000
Public Record