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4204 4208 40th St, San Diego, CA 92105

San Diego
Local realty services provided by:CENTURY 21 Village Realty
4204 4208 40th St,San Diego, CA 92105
$995,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nick atkin
Office: atkin homes corp.858-295-3375
MLS#:260025348SD
Source:CRMLS

Price summary

  • Price:$995,000

About this home

Now offered at $995,000. Four income-producing units generating $6,775/month in current gross income, including $625/month from the Clear Channel billboard lease. Located on a corner lot directly across from Teralta Park, the property consists of two original units plus two newly constructed ADUs completed in 2024 and currently leased. The unit mix includes two studios and two 1-bedroom units, approximately 320–448 sq ft. One original unit has been recently remodeled, while the remaining original units provide additional opportunity for future improvements. Four separate electric meters provide individual utility metering. With two newer units already completed and leased, existing billboard income, and additional value-add potential, the property offers multiple income streams without the need to build the additional units from the ground up. Commercial zoning may also provide longer-term redevelopment possibilities; buyer to independently verify permitted uses and development...

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Home facts

  • Year built:1936
  • Subdivision & Development:San Diego
  • Listing ID #:260025348SD
  • Added:2 day(s) ago
  • Updated:October 24, 2026 at 11:28 AM

Heating and cooling

  • Cooling:Heat pump

Structure and exterior

  • Roof:Composition, Rolled Hot Mop
  • Year built:1936
  • Lot area:0.06 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$995,000
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Village Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Village Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Andy Bencosme

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