3549 51 42nd St, San Diego, California 92105, San Diego, 92105 - 3 bed, 2 bath
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San Diego, California 92105
This Dual-Unit Multi-Family Asset is listed at $799,000, positioned above the $734,782 Fair Market Value. Despite the pricing premium, the property benefits from a 2000 Construction year, offering superior structural integrity compared to older regional inventory. Currently holding a Condition Rating of 4, this "investor special" requires cosmetic updates but provides significant Value-Add potential and strong ROI within the San Diego Unified district. Featuring a Private Patio and two distinct income-producing units, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3549 51 42nd St Subject | $799,000* List Price | 3 | 2 | 1,199 | $613 | - |
A 3661 43rd 4 Pending | $570,000 List Price | 3 | 2 | 1,071 | $532 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this property is nearly 25 years old and appears to retain most of its original features. The kitchen and bathrooms are functional but dated, featuring older white appliances and basic cabinetry. The interior shows visible wear on the flooring and paint, and the listing's 'investor special' designation confirms that while the structure is sound, it requires cosmetic updates and minor repairs to meet modern market standards.
The property features two distinct units (a 2-bedroom front unit and a 1-bedroom rear unit), providing excellent flexibility for rental income generation or a house-hacking owner-occupant.
Located in the 92105 area of San Diego, the property sits in a high-demand rental corridor, ensuring strong occupancy rates and consistent cash flow for investors.
Built in 2000, this property is significantly newer than much of the surrounding multi-family inventory in San Diego, likely resulting in fewer structural issues and more modern building standards.
With only 1,199 total square feet divided between two units, the living spaces are relatively compact, which may limit the tenant profile to smaller households.
The description identifies the property as an 'investor special,' implying that immediate capital improvements or renovations may be necessary to achieve top-of-market rents.
Great multi-family investment opportunity in San Diego. This property features two units: a 2-bedroom, 1-bath front unit and a 1-bedroom, 1-bath second unit. Ideal for investors or owner-occupants looking to generate rental income. Strong upside potential in a high-demand rental area. Investor special with excellent cash flow possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,199 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $799.0K | $604.2K |
| Price per sq ft | $666 | $618 |
| Built year | 2000 | 1985 |
| HOA | $0 | $500 |
| Days on market | 156 | 53 |
Feb 16, 2026
$799,000
Initial Listing