3964 Delta Street, San Diego, California 92113, San Diego, 92113 - 5 bed, 3 bath
ACTIVE$1,150,000
3964 Delta Street, San Diego, California 92113
5Beds
3Baths
1,558Sqft
5,593Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Income Potential: The property is explicitly marketed as an 'Incredible Multi-Unit Opportunity' with 'built-in income potential' through its main home, attached Junior ADU, and detached ADU, offering significant rental income or multi-generational living options.
Top Cons:
Age and Potential for Deferred Maintenance: Built in 1956, the main structure is nearly 70 years old. While the ADUs are newer additions, the primary residence may require significant updates to systems (plumbing, electrical, HVAC) and general renovations to meet modern standards, which could incur substantial costs.
Compared to the nearby listings
Price:$1.15M vs avg $683.5K (+$466,500)98%
Size:1,558 sqft vs avg 1,092.5 sqft87%
Price/sqft:$738 vs avg $58981%
More Insights
Built in 1956 (69 years old).
Condition: The property, built in 1956, shows signs of recent cosmetic updates including a modern kitchen with stainless steel appliances, granite countertops, and updated cabinets, as well as hardwood flooring throughout and a renovated bathroom with a contemporary vanity and shower enclosure. However, the presence of a window AC unit suggests a lack of central air conditioning, indicating an outdated HVAC system. The property's age (68 years) and the AI analysis noting potential for deferred maintenance on major systems (plumbing, electrical, HVAC) for the main structure, despite the newer ADUs, prevent it from reaching a 'Good' rating. While well-maintained cosmetically, major components are functional but show signs of being outdated, aligning with a 'Fair' condition score.
Year Built
1956
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$738
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2506178
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Incredible Multi-Unit Opportunity in a Thriving san Diego Neighborhood. Versatile Family Compound perfect for multi-generational living or strong rental income. Live in one unit and rent out the others! Main home offers 3BR/1 Bath, 928 Sq Ft, full of natural light and charm. Attached Junior ADU, 230 sq ft features a private entrance, kitchen, and full bath. Detached 1Br/1Bath ADU, 400 sq ft boasts its own front yard, private driveway and rear alley access. Three separate living spaces give you unmatched flexibility. This is a rare chance to own a property with built-in income potential. Don't miss this income producing Gem!
Nearby schools
5/10
Balboa Elementary School
Public,•K-5•0.1mi
3/10
Chavez Elementary School
Public,•K-5•0.2mi
5/10
Central Elementary School
Public,•K-6•1.0mi
4/10
El Toyon Elementary School
Public,•K-6•1.2mi
2/10
Knox Middle
Public,•6-8•1.2mi
4/10
National City Middle School
Public,•7-8•1.5mi
4/10
Granger Junior High School
Public,•7-9•2.3mi
4/10
Lincoln High School
Public,•9-12•1.4mi
5/10
Sweetwater High School
Public,•9-12•2.2mi
Condition Rating
Fair
The property, built in 1956, shows signs of recent cosmetic updates including a modern kitchen with stainless steel appliances, granite countertops, and updated cabinets, as well as hardwood flooring throughout and a renovated bathroom with a contemporary vanity and shower enclosure. However, the presence of a window AC unit suggests a lack of central air conditioning, indicating an outdated HVAC system. The property's age (68 years) and the AI analysis noting potential for deferred maintenance on major systems (plumbing, electrical, HVAC) for the main structure, despite the newer ADUs, prevent it from reaching a 'Good' rating. While well-maintained cosmetically, major components are functional but show signs of being outdated, aligning with a 'Fair' condition score.
Pros & Cons
Pros
Exceptional Income Potential: The property is explicitly marketed as an 'Incredible Multi-Unit Opportunity' with 'built-in income potential' through its main home, attached Junior ADU, and detached ADU, offering significant rental income or multi-generational living options.
Highly Flexible Living Spaces: With three distinct living units (3BR/1BA main home, attached Junior ADU, detached 1BR/1BA ADU), the property provides 'unmatched flexibility' for multi-generational families, house hacking, or diverse rental strategies.
Desirable ADU Features: The detached ADU boasts its 'own front yard, private driveway and rear alley access,' enhancing its appeal and privacy for tenants or family members, while the Junior ADU also has a private entrance and full amenities.
Strategic San Diego Location: Situated in a 'Thriving San Diego Neighborhood,' the property benefits from being in a highly sought-after real estate market, which typically supports strong rental demand and property appreciation.
Recent Price Adjustment: A recent price reduction from $1.2M to $1.15M indicates a potentially more competitive offering and could attract buyers looking for better value in the current market.
Cons
Age and Potential for Deferred Maintenance: Built in 1956, the main structure is nearly 70 years old. While the ADUs are newer additions, the primary residence may require significant updates to systems (plumbing, electrical, HVAC) and general renovations to meet modern standards, which could incur substantial costs.
Limited Bathroom Count in Main Unit: The main 3-bedroom home features only one bathroom, which can be a significant inconvenience for families or multiple occupants, potentially affecting its rental appeal or livability for a larger household.
Relatively Small Unit Sizes: While offering multiple units, the individual living spaces are quite compact (main home 928 sq ft, Junior ADU 230 sq ft, detached ADU 400 sq ft). This might limit the target tenant pool or appeal to multi-generational families seeking more spacious accommodations.