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4204-4208 40th St, San Diego, CA 92105

San Diego
Local realty services provided by:CENTURY 21 Affiliated
4204-4208 40th St,San Diego, CA 92105
$995,000
Virtual Tour
  • 2 Beds
  • 4 Baths
  • 1,514 sq. ft.
  • Multi-family
  • Active
Listed by: nick atkin
Office: atkin homes corp.
MLS#:260022143
Source:San Diego MLS via CRMLS

Price summary

  • Price:$995,000
  • Price per sq. ft.:$657.2

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 #:260022143
  • Added:40 day(s) ago
  • Updated:October 21, 2026 at 12:32 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:1,514 sq. ft.

Heating and cooling

  • Cooling:Heat Pump(s)

Structure and exterior

  • Roof:Composition, Rolled/Hot Mop
  • Year built:1936
  • Building area:1,514 sq. ft.
  • Construction Materials:Stucco, Wood
  • Levels:1 Story

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$657.2
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Nikki Coppa

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