3996 Gamma St San Diego, CA 92113
Southcrest NeighborhoodEstimated payment $6,938/month
Total Views
9,557
5
Beds
2
Baths
1,340
Sq Ft
$821
Price per Sq Ft
Highlights
- Property is Fully Fenced
- 1-Story Property
- 3-minute walk to 41st Street Park
About This Home
Where else can you get 2 detached homes in the city of San Diego for $550K each with the ability to build up, or add an ADU to each of them? This is the best value available. Value add opportunity in the redevelopment zone. You can add sq footage to existing homes. And, you can add Adu's to each unit with room to expand. Potential to split lots and sell separately. Discover this outstanding investment opportunity on a corner lot with views of Coronado. Featuring two remodeled homes, each with their own fenced yards and separate entrances. The first unit offers two bedrooms and one bath, Garage while the second unit includes two bedrooms and one bath. Both units showcase newer kitchens, bathrooms, doors, water heaters, wall heaters, and fresh paint. Additional upgrades include new flooring in the Gamma St unit and beautifully restored oak floors in the 40th St unit. Both units currently rented by amazing long term tenants, both paid rent through covid and are low maintenance. This property is ideally located close to major freeways, Downtown San Diego, the Convention Center, Petco Park, and Seaport Village, enhancing its potential as an Airbnb or a live-in plus rental scenario. Tenants currently pay for electric and gas, adding to the investment appeal. With separate outdoor spaces for each unit, this property combines privacy with convenience, making it an excellent choice for both investors and those seeking a versatile living arrangement.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 7,085 Sq Ft Lot
- Property is Fully Fenced
Home Design
- Composition Roof
Additional Features
- 1-Story Property
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 551-301-13-00
Community Details
Overview
- 3 Buildings
- 2 Units
- San Diego Community
Pet Policy
- Pets Allowed
Building Details
- Net Operating Income $14,076
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | For Sale | $1,100,000 | +63.4% | $821 / Sq Ft |
| 11/08/2019 11/08/19 | Sold | $673,000 | -0.9% | -- |
| 10/04/2019 10/04/19 | For Sale | $679,000 | +45.7% | -- |
| 05/01/2018 05/01/18 | Sold | $466,000 | -1.9% | -- |
| 02/26/2018 02/26/18 | Pending | -- | -- | -- |
| 02/15/2018 02/15/18 | For Sale | $475,000 | -- | -- |
Source: San Diego MLS
Similar Homes in San Diego, CA
Source: San Diego MLS
MLS Number: 250022037
APN: 551-301-13-00
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