
San Diego, California 92105
This Multigenerational Duplex Asset is a High-Potential Investment Opportunity, listed at $799,999—positioned well above the $765,675 Fair Market Value by -4%. Featuring a 13,400+ sqft lot with Canyon Views and Dual Street Access, the property offers significant value-add potential despite its Fair Condition Rating. The duplex configuration provides a strategic house-hacking model to offset mortgage costs. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a large lot for future development or multigenerational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3211 Menlo Avenue Subject | $799,999* List Price | 3 | 2 | 1,185 | $646 | - |
A 2094 Laurinda Place Sold | $743,000 | 3 | 2 | 1,246 | $596 | 0.9 mi |
B 3450 42nd Sold | $750,000 | 3 | 2 | 1,072 | $700 | 0.6 mi |
C 4076 Manzanita Dr Active | $777,000 List Price | 3 | 2 | 1,141 | $681 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1940, this property is significantly aged. While it features recent cosmetic updates such as fresh interior paint and new carpeting, the listing's emphasis on a 'value-add opportunity to renovate' suggests that the kitchens, bathrooms, and core systems (HVAC/Electric) are dated and likely exceed 20-30 years in age. The exterior wooden decking shows signs of weathering and age, further supporting a 'fair' rating as it is functional but requires modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13503, living area = 1185.
The duplex configuration provides a rare opportunity for house-hacking or multigenerational living, allowing owners to offset mortgage costs with rental income in a high-demand San Diego corridor.
Situated on a massive 13,400+ sqft lot with scenic canyon views and no rear neighbors, the property offers a unique sense of privacy and seclusion within an urban setting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13503, other record lot size in square feet = 13443.
With only 1,185 total square feet divided between two separate living units, the individual interior spaces are relatively small and may feel cramped for modern living standards.
Built in 1940 and marketed as a value-add opportunity, the property likely requires significant capital investment for modernization and to address the maintenance needs of an 80-plus-year-old structure.
Rare Multigenerational Opportunity with Canyon Views, Privacy, and Income Potential! Welcome to 3211 & 3211 1/2 Menlo Ave — a unique duplex property nestled on an expansive 13,400+ sqft canyon lot offering flexibility, privacy, and endless possibilities. Whether you're looking for space for extended family, multigenerational living, adult children, college students, or the opportunity to live in one unit while generating supplemental income from the other, this property offers options that are increasingly difficult to find in San Diego. Tucked away in a peaceful canyon setting with beautiful views and no rear neighbors, this property provides a sense of privacy and seclusion while still being centrally located with convenient access throughout San Diego. Property features include: • Duplex with two separate living spaces • Expansive 13,400+ sqft lot • Private canyon setting with scenic views and added privacy • Dual access from Menlo Ave and rear access from 47th Street • Opportunity for owner-occupants to offset mortgage expenses with rental income • Flexible layout ideal for extended families, aging parents, adult children, or supplemental income • Value-add opportunity to personalize, renovate, or create additional possibilities over time Located in central San Diego’s 92105 corridor, you'll enjoy convenient access to shopping, restaurants, parks, schools, major freeways, and employment centers while still enjoying the peaceful feeling that canyon properties provide. This is more than just a duplex — it’s an opportunity to create flexibility for your future, keep family close, reduce monthly expenses, and own a property with possibilities that traditional homes simply cannot offer. Rarely does a property combine privacy, views, lot size, location, and flexible living options quite like this.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.3 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 | 1,185 | 1,258 | 44% |
| Lot Size | 13,503.6 | 5,500 | 95% |
| Price | $800.0K | $740.0K | 66% |
| Price per sq ft | $675 | $641 | 59% |
| Built year | 1940 | 1953 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 121 | 11% |
May 30, 2026
$799,999
Initial Listing