3652 56 Z Street, San Diego, California 92113, San Diego, 92113 - bed, bath
3652 56 Z Street
San Diego, California 92113
Property Price
SUMMARY
Analysis of 3652 56 Z Street, San Diego, California 92113 is currently available with a list price of $1,150,000. 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
Property is moderate renovation needed.
Built in 1978, this triplex is 46 years old. While one unit has been fully renovated with modern kitchen, bathroom, new appliances, flooring, and a mini-split HVAC system, the listing explicitly states that only one unit has been renovated. This implies the other two units are in an older, unrenovated condition, likely requiring substantial updates to match the renovated unit's quality. The exterior of the building also appears aged. This mixed condition, with one modern unit and two likely outdated ones, places the property in the 'Fair' category, as it's aged but has seen recent updates in one part, while other parts need significant attention.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Triplex
A versatile triplex offering three separate units (one 2-bed/1-bath with bonus room, two 1-bed/1-bath) providing multiple rental income streams or multi-generational living options.
- Expansion Potential
Situated on an expansive 9767 sqft lot with secondary alley access, offering significant potential to add additional ADUs (Accessory Dwelling Units) for increased value and income.
- Prime San Diego Location
Strategically located near the 32nd Street Naval Base, minutes from downtown, coastal attractions, and major freeways, ensuring strong rental demand and convenient access.
CONSRISKS & DEFICIENCIES
- Partial Renovation
Only one of the three units has been fully renovated with brand new appliances, indicating the other two units may require significant updates to maximize rental income or appeal.
- Age of Property
Built in 1978, the property's age suggests that systems (e.g., plumbing, electrical, roof) in the unrenovated units or common areas may be original or nearing the end of their useful life, potentially requiring future capital expenditure.
- Lack of Specifics on Unrenovated Units
The description highlights the renovated unit but provides no details on the condition or features of the other two units, which could imply they are in original or less updated condition, potentially impacting immediate rental value.
About 3652 56 Z Street
Discover a rare investment opportunity for a versatile and highly sought-after TRIPLEX in the heart of San Diego. The property offers one spacious 2-bedroom, 1-bath upper unit with a BONUS room featuring its own private entrance and balcony (separate from front entrance and balcony), plus two additional 1-bedroom, 1-bath units on the lower level. All three units are separately metered for gas and electricity. Positioned at the end of a quiet cul-de-sac, the property offers ample onsite parking and sits on an expansive lot with the potential to add additional ADUs, supported by a secondary access point from the rear alley. It's situated in a prime location near the 32nd Street Naval Base, and just minutes from downtown, coastal attractions, and major freeways. One unit has been fully renovated and has brand new appliances. Whether you're envisioning a multi-generational living setup, planning to occupy one unit and rent out the others, lease all three for maximum income, or explore expansion opportunities, this property offers exceptional flexibility to fit your goals.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1978
- Lot Size
- 9,767 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,400 | 1,756 | 83% |
| Lot Size | 9,767 | 6,884.8 | 67% |
| Price | $1.15M | $768.2K | 83% |
| Price per sq ft | $479 | $475 | 50% |
| Built year | 1978 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 155 | 17% |
Pricing History
Listed for Sale
Jan 24, 2026
$1,150,000
Initial Listing