3326 & 3330 40th Street, San Diego, CA 92105
Local realty services provided by:ERA Excel Realty
Listed by:maxwell brown
Office:commercial asset advisors
MLS#:PTP2508010
Source:CRMLS
Price summary
- Price:$1,299,500
 - Price per sq. ft.:$534.33
 
About this home
Do not disturb tenants or enter property without approval.   3326–28 & 3330–32 40th Street present a unique opportunity for an owner-user, investor, or flipper to acquire two contiguous duplexes on separate APNs in a centrally located San Diego neighborhood.  Each duplex features a 1,216 sq. ft. single-story structure comprised of two 2-bedroom / 1-bath units (approx. 608 sq. ft. each) with vaulted ceilings and private mid-size yards. There is a total unit count of Four with a total square footage of 2,432. One unit has been fully renovated and is move-in ready, offering immediate occupancy for an owner or solid rent potential for an investor. The properties feature lightly pitched roofs and raised foundations for easy maintenance, along with a total of 5 gas meters, 5 electric meters, and 1 water meter—with the additional gas and electric meters servicing the shared laundry room. There are 5 off-street parking spaces on site.  For investors or renovators, there’s clear upside potential. A savvy buyer could modernize the remaining three units and sell each duplex individually at an estimated ARV of $1,700,000–$1,750,000. To facilitate separate sales, a second water meter would need to be established.  Nestled in a quiet southwestern pocket of central San Diego known as Castle Park, the area is characterized by wide streets, single-family homes, and duplexes within the RS-1-7 zoning district. The location offers excellent accessibility to nearby retail, employment, and major freeways (I-15, I-805, I-8, and SR-94).  Residents enjoy proximity to many of San Diego’s key employment and lifestyle hubs, all within a 5–15 minute drive—including Downtown San Diego, North Park, Fashion Valley, Mission Valley, SDSU, USD, Naval Base San Diego, and Scripps Medical Center.   
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Home facts
- Year built:1952
 - Listing ID #:PTP2508010
 - Added:9 day(s) ago
 - Updated:November 01, 2025 at 01:22 PM
 
Rooms and interior
- Living area:2,432 sq. ft.
 
Structure and exterior
- Year built:1952
 - Building area:2,432 sq. ft.
 - Lot area:0.15 Acres
 
Utilities
- Sewer:Public Sewer
 
Finances and disclosures
- Price:$1,299,500
 - Price per sq. ft.:$534.33
 
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