3741 47th Street, San Diego, California 92105, San Diego, 92105 - 2 bed, 1 bath
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San Diego, California 92105
This Dual-Unit Income Asset carries a $749,000 price, representing a strategic acquisition compared to its $691,894 Fair Market Value. The property offers exceptional utility with a 2-bedroom main home and a detached 1-bedroom ADU, ideal for immediate rental income. Featuring an Owned Solar System and a Condition Rating of 4, the interior is updated while the 6,604 sq. ft. lot with Zoning R-2 and alley access provides significant development upside. Located near Hamilton Elementary School, this is a high-utility opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3741 47th Street Subject | $749,000* List Price | 2 | 1 | 924 | $749 | - |
A 4091 48th St Sold | $575,000 | 2 | 1 | 804 | $715 | 0.3 mi |
B 4779 Castle Avenue Active | $575,000 List Price | 2 | 1 | 742 | $775 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The interior of the main residence has been updated with modern laminate flooring, neutral paint, and a renovated kitchen featuring granite countertops and stainless steel appliances. However, the property as a whole shows significant signs of age and deferred exterior maintenance. The exterior stucco is weathered, the yard is unimproved, and the detached ADU and outbuildings appear to be in much older, original condition. While the main house is move-in ready, the overall property requires exterior rehabilitation and updates to the secondary structures to meet current market standards for a higher rating.
The property features a detached 1-bedroom ADU in addition to the main home, providing an immediate opportunity for rental income or multi-generational living.
Zoned R-2 on a generous 6,604 sq. ft. lot with both street and alley access, offering significant potential for future expansion or multi-unit redevelopment.
The inclusion of an owned solar system provides substantial long-term utility savings and enhances the property's overall value and sustainability.
The property was recently sold within the past year on 2026-03-02. The sold price is $575,000.00.
The primary residence is relatively small at 924 sq. ft., which may feel restrictive for buyers requiring more interior square footage or larger common areas.
The local assigned middle and high schools have lower performance ratings (3 and 4), which could be a drawback for families prioritizing top-tier educational districts.
Opportunity knocks in the heart of San Diego! Situated on a spacious 6,604 sq. ft. lot, this property features a 2 bed, 1 bath main home (924 sq. ft.) plus a detached 1 bed, 1 bath ADU, making it perfect for rental income or multi-generational living. Owned solar adds efficiency and long-term savings, while the generous lot size and zoning create a rare opportunity to build equity and scale. Zoned R-2: Minor Multiple, this property offers incredible development and income potential. With both street and alley access, ample on-site parking, and open space, the lot provides exceptional flexibility for future expansion or redevelopment (buyer to verify). Whether you're an investor, developer, or savvy homeowner, this is a property with serious upside.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 924 | 1,270.5 | 24% |
| Lot Size | 6,604 | 5,330.5 | 79% |
| Price | $749.0K | $740.0K | 53% |
| Price per sq ft | $811 | $628 | 85% |
| Built year | 1946 | 1954 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 137 | 7% |
Mar 27, 2026
$749,000
Initial Listing
Mar 2, 2026
$575,000
Public Record
Aug 27, 2010
$146,000
Public Record