USACASan DiegoSan Diego4204 40Th St
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New
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$1,195,000

For Sale

2 days ago

4204 40Th St, San Diego, CA

House

MLS® 260009462SD

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1936
MLS® Number 260009462SD

Property Address: 4204 40th St, San Diego, CA, 92105

Average square foot calculated using Size range provided by listing agent.

Description

Rare 4-unit investment opportunity across from Teralta Park offering strong in-place income and long-term upside. Corner lot property featuring two original studio units and two newly constructed ADUs (4208) completed in 2024 with final sign-off—both currently leased. Unit mix includes two studios and two 1-bedroom units (approx. 320–448 sq ft), providing a diversified rental profile. Total current gross income of $6, 775/month, including $625/month from a Clear Channel billboard lease. Property includes 4 separate meters for clean utility separation and operational efficiency. One unit has been recently updated, with additional value-add potential in the remaining original units. Commercial zoning offers potential future redevelopment opportunities (buyer to verify with City). Centrally located in a high-demand rental area with convenient access to freeways, public transit, and local amenities. Ideal for investors seeking a blend of stabilized income, new construction, and upside potential. Do not disturb tenants.
MLS® Number260009462SD
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1936
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$1,195,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$1,195,000List Price
  • Commute

Commute

Starting Address
Destination Address
4204 40Th St, San Diego, CA

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