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Listed by: Nick Atkin (760) 560-6180 DRE #01880701 | Atkin Homes Corp. (858) 295-3375
$995,000
Monthly Est:$4,952
2 Beds
4 Baths
--sqft
4204 4208 40th Street, San Diego, CA 92105
$995,000
$4,952/moEst:
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Multi Family
Built in 1936
$-- HOA
2,584 sqft lot
--/sqft
Description
Rare 4-unit investment opportunity across from Teralta Park offering strong in-place income and long-term upside. Corner lot property featuring two original studio units and two newly constructed ADUs (4208) completed in 2024 with final sign-off—both currently leased. Unit mix includes two studios and two 1-bedroom units (approx. 320–448 sq ft), providing a diversified rental profile. Total current gross income of $6,775/month, including $625/month from a Clear Channel billboard lease. Property includes 4 separate meters for clean utility separation and operational efficiency. One unit has been recently updated, with additional value-add potential in the remaining origi...
Continue Reading- Houzeo last checked: 6 minutes ago
- Listing updated: September 10, 2026 at 2:45 pm
- Source: California Regional MLS-CA | MLS#: 260022143SD
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1936
HOA Fees
-
Finished Area
- sqft
Lot Size
2,584 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
260022143SD
MLS Status
Active
Days on Market
5
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 4
Interior
Cooling
Heat Pump
Construction
Year Built
Year Built: 1936
Home type
Multi Family
Roof
Composition, Rolled Hot Mop
Other Features
Tenant Pays
Electricity, Gas, Water
Subdivision Name
San Diego
Price History
| Date | Event | Price |
|---|---|---|
08/19/2026 Source: | Listed for Sale | $999,000 $0/sqft |
08/19/2026 Source: | Off Market | $999,000 -7.41% $0/sqft |
07/14/2026 Source: | Listed for Sale | $1,079,000 -1.46% $0/sqft |
05/12/2026 Source: | Off Market | $1,095,000 $0/sqft |
05/12/2026 Source: | Listed for Sale | $1,095,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 15, 2026, 01:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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