
San Diego, California 92115
This Dual-Unit Residential Property represents a Strong Value Opportunity, listed at $997,500—positioned above the $940,419 Fair Market Value. While priced slightly above market, the property offers significant utility through its 10,500 sq. ft. lot and a permitted 2024 ADU with owned solar. With a Good Condition Rating and recent 2026 electrical upgrades, this asset provides immediate rental income potential or multigenerational flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through ADU leasing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3440 Egan Subject | $988,888* List Price | 3 | 2 | 1,542 | $608 | - |
A 6062 Streamview Sold | $775,000 | 3 | 2 | 1,425 | $544 | 0.2 mi |
B 3727 Brems Street Sold | $760,000 | 3 | 3 | 1,673 | $454 | 0.3 mi |
C 4348 Aragon Way Sold | $978,800 | 3 | 1 | 1,248 | $784 | 1.0 mi |
D 6145 Carling Way Sold | $1,010,000 | 3 | 2 | 1,593 | $634 | 0.9 mi |
E 4365 Aragon Way Sold | $1,065,000 | 3 | 2 | 1,487 | $716 | 1.0 mi |
F 6404 Zena Drive Sold | $800,000 | 3 | 2 | 1,352 | $592 | 0.3 mi |
G 4036 Loma Alta Dr Sold | $843,000 | 3 | 1 | 1,268 | $665 | 0.8 mi |
H 3630 Nassau Dr Sold | $819,000 | 3 | 1 | 1,351 | $606 | 0.6 mi |
I 3711 Racine Pending | $699,000 List Price | 3 | 2 | 1,399 | $500 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The main residence underwent an extensive renovation in 2018 (8 years ago), including the kitchen, bathroom, roof, and flooring, which fits the 5-15 year renovation window for 'Good'. The property also features a brand-new ADU completed in 2024 and a recently upgraded electrical system (2026), ensuring all systems are functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10500, living area = 1542.
The property features two detached residences on one large lot, providing an excellent opportunity for rental income, multigenerational living, or a private home office setup.
The newly permitted 2024 ADU comes equipped with high-end finishes, mini-split HVAC, and its own owned solar system, offering immediate value and reduced utility costs.
The 1,044 sq. ft. main residence only contains one bathroom, which may be inconvenient for families or those utilizing the converted garage as an extra bedroom.
While elementary schools are rated well, the assigned middle and high schools have lower performance ratings, which may impact appeal for education-focused buyers.
RARE MULTI-UNIT OPPORTUNITY — TWO DETACHED HOMES ON ONE HUGE LOT. This unique Redwood Village property offers two detached residences on an expansive lot in a quiet cul-de-sac, creating exceptional flexibility for owner-occupants, multigenerational living, guests, home offices, or rental income. The main home offers approximately 1,044 sq. ft. with 2 bedrooms, 1 bathroom, an eat-in kitchen, and a large converted garage with a cozy fireplace, providing flexible additional living space for a family room, bedroom, office, or bonus room. Abundant natural light, multiple access doors, and covered patios create inviting indoor-outdoor living areas. Extensively renovated in 2018, the home features a newer roof, remodeled kitchen with custom cabinetry and granite countertops, updated bathroom, tile flooring, select newer windows, newer sliding glass door, interior and exterior paint, updated lighting, baseboards and trim, appliances, stucco exterior, concrete improvements, retaining walls, fencing with gates, and low-maintenance landscaping. The electrical system was upgraded in 2026. The permitted detached ADU, completed in 2024, offers approximately 498 sq. ft. with 1 bedroom and 1 bathroom. Features include luxury vinyl plank flooring, a modern kitchen with elegant cabinetry and granite countertops, indoor laundry, mini-split heating and air conditioning, modern appliances, a covered patio, private backyard area, detached patio, storage shed, and its own OWNED SOLAR SYSTEM. The expansive lot also offers space for RV or boat parking and newer paver walkways, adding convenience and functionality to the outdoor spaces. Conveniently located just minutes from San Diego State University, Mission Valley, Downtown San Diego, Balboa Park, North Park, Snapdragon Stadium, shopping, dining, and major freeways including I-8, I-15, and SR-94.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,542 | 1,777.941 |
| Lot Size | 10,500 | 6,474.445 |
| Price | $988.9K | $1.27M |
| Price per sq ft | $641 | $741 |
| Built year | 1952 | 1971 |
| HOA | $0 | $184 |
| Days on market | 54 | 40 |
Sep 5, 2026
$988,888
$997,500
-1% Price Drop
Initial Listing
Jul 17, 2026
$997,500
Initial Listing
Jan 31, 2018
$381,000
Public Record
Oct 26, 2006
$403,000
Public Record
Apr 16, 2002
$226,500
Public Record
Nov 19, 1998
$125,000
Public Record