
San Diego, California 92102
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $850,000—positioned above the $810,568 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring updated cabinetry and stone countertops that ensure immediate rental readiness. The side-by-side configuration provides an ideal layout for house hacking, allowing for flexible income generation. With its central location near downtown and major freeways, this asset is a stable choice for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in a high-demand San Diego neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3950 52 C Street Subject | $850,000* List Price | 0 | 0 | 1,386 | $585 | - |
A 854 856 45th Street Active | $825,000 List Price | 0 | 0 | 1,464 | $564 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1957, the property shows evidence of a renovation within the last 5-15 years. The kitchen features updated dark wood cabinetry and stone countertops, and the living areas have been refreshed with neutral paint, newer carpeting, and modern ceiling fans. The units appear well-maintained and move-in ready, though the presence of older wall heaters suggests some original systems remain.
The side-by-side duplex configuration provides an ideal opportunity for 'house hacking,' allowing an owner-occupant to live in one unit while the second unit offsets the mortgage through rental income.
The property is meticulously maintained and has been thoughtfully updated, reducing the need for immediate capital expenditures and enhancing its appeal to high-quality tenants.
Situated on a desirable corner lot in the 92102 area, the property offers excellent proximity to Downtown San Diego and major freeways, ensuring high rental demand and long-term desirability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 4225.
Built in 1957, the property may have underlying aging systems or structural elements that require more frequent maintenance compared to newer residential income properties.
While some nearby schools are highly rated, several of the closest elementary and middle schools have lower performance scores, which may limit the property's appeal to families with school-aged children.
Opportunity meets charm with this well-maintained duplex situated on a desirable corner lot in the heart of San Diego. Featuring two side-by-side 2-bedroom, 1-bath units, this property has been thoughtfully updated and meticulously cared for, offering immediate appeal for both investors and owner-occupants alike. Each residence provides comfortable living spaces, functional layouts, and private outdoor areas, creating strong rental desirability. With significant upside potential for future income growth and value enhancement, this is a rare opportunity to acquire a versatile property in a centrally located neighborhood with convenient access to Downtown San Diego, major freeways, shopping, dining, and local amenities. Whether you're looking to expand your portfolio or live in one unit while generating income from the other, this duplex offers flexibility, stability, and long-term potential.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,386 | 1,962 |
| Lot Size | 4,356 | 7,200.5 |
| Price | $850.0K | $984.4K |
| Price per sq ft | $613 | $614 |
| Built year | 1957 | 1979 |
| HOA | $0 | $374 |
| Days on market | 13 | 43 |
Jul 9, 2026
$850,000
Initial Listing
Dec 17, 2021
$500,000
Public Record
Nov 30, 2015
$396,000
Public Record
Feb 12, 2003
$43,000
Public Record
Aug 31, 2000
$145,000
Public Record