3545 Boundary St, San Diego, California 92104, San Diego, 92104 - 3 bed, 2 bath

3545 Boundary St, San Diego, California 92104 home-pic-0

3545 Boundary St

San Diego, California 92104

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,343Sq Ft
7,413Lot Size

Property Price

LIST PRICE$1,050,000

SUMMARY

Analysis of 3545 Boundary St, San Diego, California 92104 is currently available with a list price of $1,050,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 2000, the property is structurally sound but shows significant cosmetic wear and dated finishes consistent with its age. The interior features basic oak-style cabinetry, older white appliances, and worn flooring that require updating. The listing explicitly mentions the need for 'TLC' and identifies it as a 'value-add' opportunity, fitting the criteria for a property that is functional but requires minor updates and repairs.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: McKinley Elementary School (9/10).

  • Investment & Development Potential

    The R-2 zoning on a generous 7,413 sq ft lot provides significant upside, offering the rare ability to house-hack, reposition as a value-add investment, or potentially add ADU/JADU units to maximize density.

  • Prime North Park Location

    Located in one of San Diego’s most walkable and high-demand neighborhoods, the property is minutes from the 30th Street corridor and Balboa Park, ensuring consistently low vacancy rates and strong appreciation.

CONSRISKS & DEFICIENCIES

  • Deferred Maintenance

    Both units are identified as needing 'TLC,' indicating that a buyer will need to budget for immediate cosmetic renovations and repairs to stabilize the asset and achieve market rents.

  • Limited Unit Square Footage

    With the units sized at approximately 794 and 580 square feet, the compact living spaces may limit the tenant profile and could feel restrictive compared to newer or larger multi-family offerings in the area.

About 3545 Boundary St

RARE R-2 ZONED NORTH PARK DUPLEX! LIVE SMART. INVEST WELL. BUILD EQUITY! Opportunities like this are rare in the heart of North Park — one of San Diego’s most walkable, high-demand rental neighborhoods. This R-2 zoned duplex offers the perfect blend of lifetime flexibility & long term investment upside. Imagine living in 1 home while GENERATING INCOME from the other one. Create space for extended family. Or reposition the property as a strategic VALUE-ADD INVESTMENT in a supply-constrained urban submarket where demand remains strong. The property features 2 separate units in need of TLC, each with its own PRIVATE entrance & fenced yard, offering privacy & versatility rarely found in multi-unit properties. A detached 2-car garage plus additional off-street parking with ALLEY ACCESS adds functionality today & potential development flexibility tomorrow. FRONT UNIT: 2BR/1BA approx 794 sq ft REAR UNIT: 1BR/1BA approx 580 sq ft. With solid bones & clear cosmetic value-add opportunity buyers can update & increase rental income while building long-term equity. Under current California ADU laws & City of San Diego regulations, there may be potential to add an ADU and/or JADU (buyer to verify) — creating additional income streams & maximizing lot efficiency. Located just minutes from 30th Street dining, Balboa Park, Morley Field, neighborhood cafés, major freeways, & public transit, this is true North Park living — vibrant, connected, & consistently desirable. Whether you're seeking a HOUSE-HACK opportunity, INCOME-PRODUCING property, or URBAN DEVELOPMENT UPSIDE, this duplex offers flexibility, stability, & future growth potential in one of San Diego’s most proven appreciation corridors. Buyer to verify zoning, development potential, ADU/JADU feasibility, rental regulations, & all building requirements with the City of San Diego.

Property Details

Public Facts

Property Type
Duplex
Year Built
2000
Lot Size
7,413 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Diego Unified Schools

McKinley Elementary School

Grades K-5 • 0.4 mi

9/10

Edison Elementary School

Grades K-5 • 0.6 mi

7/10

Cherokee Point Elementary School

Grades K-5 • 0.6 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,3431,600
40%
Lot Size7,4137,028
80%
Price$1.05M$1.00M
80%
Price per sq ft$782$594
60%
Built year20001940
80%
HOA$0$0
50%
Days on market10143
20%

Pricing History

Listed for Sale

Feb 25, 2026

$1,050,000

Initial Listing

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