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$2,995,000
11 Beds ⋅ 6 Baths ⋅ 26986675 MLS ⋅ Active Status
Rare income-producing compound in San Diego's Mt. Hope Park neighborhood, just one mile east of Downtown. Perched to capture sweeping 12-mile suburban views stretching to Mt. Helix by day and a glittering city skyline by night, this property delivers four distinct living spaces on one 6,731 sq. ft. lot: an existing single-family home, a Junior ADU tucked beneath it, and two brand-new full-size ADUs finished in a striking modern rowhome style.The main home offers classic single-story living with the flexibility of a lower-level Junior ADU featuring its own private entrance, kitchenette, and full bath, ideal for extended family, a private office, or a rental income stream. At the rear of the lot, accessed via the the sidewalk off S 40th Street, sit two newly constructed, side-by-side 4-bedroom, 2-bathroom ADUs (approximately 1,195 sq. ft. each). Every unit spans two stories with a bright first-floor living, dining, and kitchen layout complete with a wet bar, two bedrooms and a full bath upstairs, two more bedrooms and a second full bath, and private decks off nearly every level to soak in the views. Contemporary James Hardie siding, sleek aluminum-and-mesh-panel railings, durable TPO roofing, and high-efficiency systems throughout give the whole property a polished, low-maintenance, move-in-ready feel from day one. The possibilities here are exactly what you make of them. Live in the main home and lease the rest for substantial rental income of up to $18,000 per month! House multiple generations of family across the main home, JADU, and ADUs while maintaining separate entrances and privacy for everyone. Or hold all four units as a turnkey investment property in one of San Diego's most convenient, up-and-coming corridors. Ample off-street parking is available via the private driveway and rear alley access, in addition to on-street parking along Teak Street and S 40th Street. Investors should also take note: California's new AB 1033 law allows qualifying ADUs to be mapped and legally sold as separate condominiums with local agency approval, opening a compelling path to unlock even more value down the road (buyer to independently verify eligibility, process, cost, and timeline with the City of San Diego). With quick access to Downtown San Diego, Balboa Park, and the region's major freeway corridors, this location offers the rare combination of a quiet, view-oriented residential setting with true urban convenience. Whether you're an investor seeking strong rental income from day one, a multi-generational family wanting separate but connected living spaces, or a buyer drawn to the future upside of California's evolving ADU condominium laws, 3996 Teak Street is a one-of-a-kind opportunity you won't find twice. Four living spaces, endless possibilities. Schedule your private showing today. Property is located in a qualified opportunity zone and available for Business, Stock and Real Estate Capital Gains Deferral prior to estimated CofO 11/15/26.

3996 Teak Street, San Diego
$6,500,000
NDP2608259 MLS ⋅ Active Status
Approved 127-unit residential development opportunity in San Diego’s vibrant Barrio Logan neighborhood. Located at 1746 Newton Avenue, this ±0.80-acre site offers fully approved plans for a thoughtfully designed multifamily project, providing an excellent opportunity for developers and investors. The property is minutes from Petco Park, the Gaslamp Quarter, Downtown San Diego, major employment centers, transit, dining, entertainment, and regional freeways. Located within a federally designated Opportunity Zone, offering potential long-term investment benefits.

1746 Newton Avenue, San Diego
$2,995,000
OC26164312 MLS ⋅ Active Status
Exceptional Multi-Family Development Opportunity – Two Adjacent Parcels in San Diego Introducing an outstanding development opportunity parcels (APN #538-100-05-00 - 5,597 sq ft. and APN #538-100-06-00 - 3,498 sq. ft.), total square footage for both parcels is 9,086 encompassing Lots 8, 9, and 10. Both parcels are level and offer convenient access from both the street and alley, providing excellent flexibility for future development. The existing home on APN #538-100-05-00 is slated for demolition, creating a blank canvas for a high-density residential project. The property is zoned RM-2-5 (Multi-Family Residential Base Zone) and is located within both a Transit Priority Area (TPA) and Sustainable Development Area (SDA). With a FAR Tier 3 designation, the site may allow an impressive Floor Area Ratio (FAR) of up to 6.5, offering significant development potential. Upper-level units may enjoy ocean views and views of the Coronado Bridge, adding to the appeal of this exceptional investment opportunity. Ideally located just minutes from Petco Park, East Village, the San Diego Convention Center, Downtown San Diego, and with convenient access to three major freeways, this property is positioned in one of San Diego's most desirable growth corridors. Buyer to verify all zoning, development potential, density, FAR, permits, and all other information with the City of San Diego prior to the close of escrow.

1832 Julian, San Diego

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.