
San Diego, California 92105
This Dual-Unit Residential Asset is a Strong Value Opportunity, listed at $1,159,000—positioned well below the $1,091,458 Fair Market Value by -6%. While the list price reflects a premium, the property offers a Condition Rating of 2, featuring a comprehensive recent remodel. With two independent homes on one lot, it provides significant versatility for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living. Centrally located with a City Lights View, this turnkey property minimizes renovation needs while maximizing rental income potential in a high-demand San Diego market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4020 22 Dwight St Subject | $1,129,000* List Price | 5 | 2 | 1,652 | $665 | - |
A 3686 37th St Sold | $1,240,000 | 3 | 2 | 1,613 | $769 | 0.3 mi |
B 4319 Poplar Street Sold | $880,000 | 3 | 2 | 1,264 | $696 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (likely within the last 1-2 years) featuring modern LVP flooring, updated bathrooms with contemporary tiling and vanities, recessed lighting, and fresh interior/exterior paint. It is in move-in ready condition with no immediate maintenance required.
Elementary School: McKinley Elementary School (9/10).
The property features two separate, remodeled homes on a single lot, each with private entrances and yards, offering exceptional potential for rental income or multi-generational living.
Both residences have been thoughtfully updated and are move-in ready, providing a modern aesthetic and minimizing the need for immediate post-purchase renovations.
The property was recently sold within the past year on 2026-03-24. The sold price is $750,000.00.
While some nearby schools are highly rated, several of the closest assigned public schools have lower performance scores, which may impact appeal for education-focused families.
Accommodating two full homes on a 5,096 square foot lot results in limited yard space and a higher density feel compared to traditional single-family properties.
SELLER IS WILLING TO CREDIT FOR A PERMANENT RATE BUY DOWN!!! RARE OPPORTUNITY TO OWN TWO HOMES ON ONE LOT! This beautifully remodeled property offers endless possibilities for homeowners and investors alike. Each home features its own private entrance, private yard, and dedicated parking, providing comfort, privacy, and independence for both residences.Perfect for multi generational living, live in one home and rent out the other, or maximize your investment potential with two income producing units. Both homes have been thoughtfully updated and are move-in ready. Conveniently and centrally located with easy access to Interstates 15, 805, 94, and 8, making commuting throughout San Diego a breeze. Just minutes from Downtown San Diego, San Diego International Airport, shopping, dining, and entertainment. Whether you're looking for a flexible living arrangement, rental income, or a unique investment opportunity, this property offers exceptional value and versatility. Opportunities like this don't come around often!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,652 | 1,777.941 |
| Lot Size | 5,096 | 6,474.445 |
| Price | $1.13M | $1.27M |
| Price per sq ft | $683 | $741 |
| Built year | 1979 | 1971 |
| HOA | $0 | $184 |
| Days on market | 29 | 40 |
Sep 5, 2026
$1,129,000
$1,159,000
-3% Price Drop
Initial Listing
Aug 11, 2026
$1,159,000
Initial Listing
Mar 24, 2026
$750,000
Public Record
Aug 5, 2014
$280,000
Public Record