
San Diego, California 92102
This Residential Income Duplex is a Strong Value Opportunity, listed at $825,000—positioned well below the $887,771 Fair Market Value by 7%. This valuation gap offers $62,771 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring updated vinyl windows and functional layouts. Its central location near downtown ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking strategies to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3950 52 C Street Subject 0 bd · 0 ba · 1,386 sqft · $641 | $825,000* List Price | 0 | 0 | 1,386 | $641 | - |
A 854 856 45th Street Active 0 bd · 0 ba · 1,464 sqft · $564 · 0.7 mi | $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.
Although built in 1957, the property has been well-maintained and updated with vinyl windows, fresh neutral paint, and clean flooring. The kitchen features functional but older white appliances and tile, and the presence of wall heaters indicates older but operational systems. It appears move-in ready and consistent with a renovation performed within the last 5-15 years.
This side-by-side duplex offers an ideal setup for 'house hacking' or a pure investment, providing the flexibility to live in one unit while generating rental income from the other to offset mortgage costs.
The property has been meticulously maintained and thoughtfully updated, featuring functional layouts and private outdoor spaces that ensure immediate rental desirability and minimize initial capital expenditures.
Situated on a desirable corner lot in the 92102 zip code, the property offers excellent proximity to Downtown San Diego, major freeways, and local amenities, ensuring high tenant demand.
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 mid-century systems that require more frequent maintenance or future upgrades compared to newer residential income properties.
The majority of the assigned local schools carry lower performance ratings, which may limit the property's appeal to long-term family tenants and impact future appreciation potential.
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 | 3.9 |
| Baths | 0.0 | 3.1 |
| Square foot | 1,386 | 1,907.722 |
| Lot Size | 4,356 | 6,135.853 |
| Price | $825.0K | $1.09M |
| Price per sq ft | $595 | $597 |
| Built year | 1957 | 1971 |
| HOA | $0 | $365 |
| Days on market | 2 | 62 |
Oct 23, 2026
$825,000
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