4375 Temecula Street 77, San Diego, California 92107, San Diego, 92107 - 0 bed, 0 bath
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San Diego, California 92107
This Residential Income Development Asset is listed at $1,794,999, representing a stable valuation relative to its $1,737,499 Fair Market Value. The property currently holds a Condition Rating of 4 and is defined by its Significant Development Potential, offering a path to 30 micro-units when combined with the adjacent lot. Featuring a 8,124 SF Lot with a 3-car garage, the 1929-built duplex provides immediate ROI via quality tenants while entitlements are secured for higher-density use in Point Loma Heights. This is a premier acquisition for Real Estate Developers or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4375 Temecula Street 77 Subject | $1,794,999* List Price | 0 | 0 | 1,998 | $870 | - |
A 4363 Temecula Street Active | $1,494,999 List Price | 0 | 0 | 1,863 | $802 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1929, making it nearly a century old. While the description mentions 'recent upgrades' and 'quality tenants,' implying livability, there are no interior images to assess the actual condition, style, or extent of these upgrades in the kitchens, bathrooms, or other areas. The listing primarily highlights the property's development potential, and the age of the existing structures is noted as a weakness. Without visual confirmation of significant, recent renovations, and given the age, it's likely that major components, while functional, show signs of being outdated and may require minor updates or repairs beyond the 'recent upgrades' to meet modern standards.
The property offers a rare development opportunity, with potential for up to 12 homes plus ADUs or 30 micro units when combined with the adjacent listing, making it highly attractive for investors and developers.
Nestled in a quiet, desirable neighborhood, the property boasts excellent proximity to Ocean Beach, Mission Bay, Pacific Beach, top restaurants, shopping, and the stunning San Diego coastline.
Currently configured as a duplex with two units (2BR/2BA and 2BR/2BA), both having undergone recent upgrades and placed with quality tenants, providing immediate rental income.
The substantial list price, coupled with the need for significant additional investment for development and the requirement to confirm development potential with the City, implies a high financial commitment and inherent risk.
Built in 1929, the existing duplex structures are nearly a century old, which may lead to higher demolition costs or unforeseen issues during redevelopment, or increased maintenance if maintained as-is.
The property has undergone multiple price reductions from its original listing, potentially indicating market resistance or an initial overvaluation, which could affect perceived value or future resale.
Existing duplex or development opportunity in the heart of Point Loma Heights! Can be sold together with the next door listing at 4363-4365 Temecula St. which is also an existing duplex with two detached units. Combined, these two multi-family properties at Temecula St offer an exceptional investment opportunity with 14,380 SF of lot area, with 115' of street and alley frontage and 125' lot depth. Currently, each lot features two single-family homes, for a total of four units. Each unit has undergone recent upgrades and placed with quality tenants. The unit mix is (4377) 2BR/2BA unit (approx. 1,200 sf) and (4375) 2BR/2BA unit (approx. 785 sf) above a 3-car garage. The neighboring listing’s unit mix is (4365) 2BR/2BA unit (approx. 900 sf) and (4363) 2BR/1BA unit (approx. 963 sf) above a 3-car garage. Nestled in a quiet, desirable neighborhood, just minutes from Ocean Beach, Mission Bay, and Pacific Beach, with easy access to top restaurants, shopping, and the stunning San Diego coastline. Potential development, to be confirmed with the City, includes the development of up to 12 homes plus ADUs or up to 30 micro units, when combined with the next door listing at 4363-4365 Temecula.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,998 | 1,962 |
| Lot Size | 8,124 | 7,200.5 |
| Price | $1.79M | $984.4K |
| Price per sq ft | $898 | $614 |
| Built year | 1929 | 1979 |
| HOA | $0 | $374 |
| Days on market | 331 | 43 |
May 1, 2026
$1,794,999
$1,795,000
+0% Price Increase
Initial Listing
Dec 8, 2025
$1,795,000
$1,895,000
-5% Price Drop
Initial Listing
Oct 30, 2025
$1,895,000
Initial Listing
Aug 25, 2025
$1,899,000
Initial Listing