
San Diego, California 92105
This Income-Generating Duplex serves as a strategic asset with a List Price of $799,000, following recent price adjustments to align with the $740,645 Fair Market Value. The property features two 1-bedroom units in Fair Condition Rating, offering immediate rental income and long-term Value-Add potential through the modernization of interiors. A detached rear building provides a unique opportunity for conversion or added tenant amenities, complemented by three off-street parking spaces. Located within the San Diego Unified district near McKinley Elementary (9/10), this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a functional house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3890 37th Subject | $799,000* List Price | 2 | 2 | 1,689 | $439 | - |
A 3222 42nd Street Sold | $689,805 | 4 | 2 | 1,450 | $476 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this duplex shows signs of regular maintenance and some cosmetic updates, such as the laminate flooring in the living areas and kitchens. However, the kitchens feature basic white appliances and cabinets that, while functional and clean, are outdated in style. Bathrooms also appear functional but basic. The overall condition suggests the property is aged but maintained, requiring minor updates to modernize, aligning with the 'Fair' category criteria.
Elementary School: McKinley Elementary School (9/10).
This property is a duplex featuring two 1-bedroom, 1-bath units, each with separate entrances and individual electric meters, providing immediate rental income potential and flexibility for investors or owner-occupants.
Located just off University Avenue, between the 805 and 15 freeways, offering quick and convenient access to shopping, dining, public transit, and downtown San Diego.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3058, other record lot size in square feet = 2473.
While professionally managed, the description does not specify recent interior renovations or modern finishes within the units, suggesting they may be dated and could require future upgrades to maximize rental income or appeal.
With a lot size of 3058 sqft, significant expansion or extensive redevelopment options might be constrained, despite the mention of such possibilities.
Excellent investment opportunity! This duplex features two 1-bedroom, 1-bath units, one upstairs and one downstairs,each with separate entrances and individual electric meters. A detached rear building provides laundry hookups, power, and storage for added functionality / possible conversion. The property includes off-street parking (3 spaces) and is situated just off University Avenue between the 805 and 15 freeways, offering quick access to shopping, dining, transit and downtown San Diego. Building and units have been professionally managed and maintained. The property has a strong rental history, providing immediate income potential and long-term upside for investors, whether you’re looking to buy and hold, live in one unit and rent the other, or explore redevelopment options.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,689 | 1,689 | 50% |
| Lot Size | 3,058 | 5,162 | 11% |
| Price | $799.0K | $810.0K | 33% |
| Price per sq ft | $473 | $483 | 33% |
| Built year | 1990 | 1952 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 159 | 149 | 78% |
Mar 21, 2026
$799,000
$839,900
-5% Price Drop
Initial Listing
Jan 31, 2026
$839,900
$875,000
-4% Price Drop
Initial Listing
Dec 16, 2025
$875,000
$900,000
-3% Price Drop
Initial Listing
Nov 14, 2025
$900,000
Initial Listing
Jun 18, 2001
$170,000
Public Record
May 21, 2001
$170,000
Public Record