3996 Teak Street, San Diego, California 92113, San Diego, 92113 - 3 bed, 2 bath
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3996 Teak Street
San Diego, California 92113
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,368Sq Ft
3,000Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$923,192
7% AboveMARKET VALUE
SUMMARY
This property represents a Strong Value Opportunity, listed at $995,000—positioned above the $923,192 Fair Market Value. While priced at a premium, the home offers significant Buy-and-Hold Investors and Owner-Occupants a unique "house hack" model. Featuring a Junior ADU with a separate entrance and panoramic views of Mt. Helix, the property is pre-marketed for AB 1033 compliance. With a Condition Rating of 3, the home provides immediate rental income potential and long-term upside through future PUD conversion, making it a strategic asset for those prioritizing location and versatility.
Estimated Market Value
$923,192
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1949, the property shows signs of a recent renovation (likely within the last 5 years) including modern LVP flooring, updated white shaker kitchen cabinets, and the installation of energy-efficient mini-split HVAC units. The interior is clean and move-in ready, though some finishes like exposed plumbing in the bathroom and older carpeting in bedrooms suggest a functional rather than premium renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Versatility
The property features a Junior ADU with a separate entrance, kitchenette, and bathroom, offering immediate rental income potential or flexible multi-generational living arrangements.
- Strategic Location & Views
Situated just one mile from Downtown San Diego and adjacent to Mt. Hope Park, the home offers rare 12-mile panoramic views extending to Mt. Helix.
- Future Development Upside
Pre-marketed for AB 1033 compliance, this property presents a significant investment opportunity for conversion into a PUD with additional ADU rowhomes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3000, other record lot size in square feet = 6600.
- High Price Per Square Foot
At a list price of $995,000 for 1,368 square feet on a small 3,000 square foot lot, the property is priced at a significant premium for the Logan Heights submarket.
- Property Age
Built in 1949, the main structure may require updates to its original systems and infrastructure to meet modern buyer expectations at this price point.
About 3996 Teak Street
Existing Single Family Home with an existing Jr. ADU below the main home. Property can be used as one contiguous property or separated off with a separate entrance to the studio ADU with kitchenette and bathroom. The property sits at Mt. Hope Park with 12 Mile Suburban Views to Mt. Helix during the day and evening. Property is also conveniently located about one mile east of Downtown San Diego. Property is being pre-marketed in advance of AB 1033 ADU CONDO LAW where this home will be in a PUD with two other ADU Rowhomes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 3,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,368 | 1,777.941 |
| Lot Size | 3,000 | 6,474.445 |
| Price | $995.0K | $1.27M |
| Price per sq ft | $727 | $741 |
| Built year | 1949 | 1971 |
| HOA | $0 | $184 |
| Days on market | 14 | 40 |
Pricing History
Listed for Sale
Aug 26, 2026
$995,000
Initial Listing
Sold
Mar 27, 2020
$450,000
Public Record