Seller's Agent in 2025
Long Nguyen
Advance Estate Realty
(714) 894-4306
1 in this area
59 Total Sales
4154 40th St Unit 56 San Diego, CA 92105
Corridor Neighborhood
4
Beds
3
Baths
1,464
Sq Ft
5,319
Sq Ft Lot
Highlights
- Gated Parking
- No HOA
- Laundry Room
- Park or Greenbelt View
- Park
- 2-minute walk to Teralta Park
About This Home
As of August 2025Price drop to sell. Great investment opportunity in a prime San Diego location! Welcome to 4154 40th Street, a rare fully detached 3-unit property located directly across from a serene park—perfect for morning walks and outdoor activities. The front unit offers 2 bedrooms and 1 bathroom in clean, move-in ready condition. The second unit is a standalone 1-bedroom, 1-bathroom structure, providing privacy and flexibility for rental or extended family use. The third unit, also detached, features 1 bedroom and 1 bathroom with its own private entrance from the rear alley—ideal for added privacy or independent tenancy. The property offers plenty of parking and sits in a high-demand rental area. All units are currently occupied with long-term tenants, and the existing rents are well below market value, presenting strong upside potential for investors looking to maximize cash flow or reposition the property for higher returns.
Last Agent to Sell the Property
Advance Estate Realty Brokerage Phone: 714-933-5686 License #01391629 Listed on: 05/05/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 5,319 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in average condition
- Level Lot
Home Design
- Triplex
- Entry on the 1st floor
- Cosmetic Repairs Needed
Interior Spaces
- 1,464 Sq Ft Home
- 1-Story Property
- Park or Greenbelt Views
Kitchen
- Gas Range
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Parking
- 3 Open Parking Spaces
- 4 Parking Spaces
- 1 Carport Space
- Parking Available
- Driveway
- Gated Parking
- Paved Parking
Utilities
- No Heating
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 36,37 / 13
- Tax Tract Number 1000
- Assessor Parcel Number 4473612500
- $42 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- City Heights Subdivision
Recreation
- Park
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Operating Expense $2,000
- Gross Income $36,812
- Net Operating Income $36,812
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | For Sale | $849,999 | +21.4% | $581 / Sq Ft |
| 08/18/2025 08/18/25 | Sold | $700,000 | 0.0% | $478 / Sq Ft |
| 05/16/2025 05/16/25 | Off Market | $700,000 | -- | -- |
| 05/14/2025 05/14/25 | Price Changed | $849,999 | -10.5% | $581 / Sq Ft |
| 05/05/2025 05/05/25 | For Sale | $949,999 | -- | $649 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Long Nguyen
-
Roy Nguyen
Buyer's Agent in 2025
Roy Nguyen
Beeyond Realty
(714) 200-3388
1 in this area
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25097683
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