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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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

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Home / San Diego / 4204 40th St
4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 4204 40th St San Diego, CA 92105 View All Photos

$995,000

| Active

4204 40th St

San Diego, CA 92105

0.06
Acres
0
Days on Market
260022143SD
MLS#
Multi-Family
Type
House
Structure
Commercial
Zone
Contact
Listing OfficeAtkin Homes Corp.

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 original units. Commercial zoning offers potential future redevelopment opportunities (buyer to verify with City). Centrally located in a high-demand rental area with convenient access to freeways, public transit, and local amenities. Ideal for investors seeking a blend of stabilized income, new construction, and upside potential. Do not disturb tenants.

Property Details
Cooling
1
Cooling Features
Heat Pump
Stories
1
Acres
0.059
Lot Size (sqft)
2584.0
Parking Spaces
0.0
Property Type
Multi-Family
Year Built
1936
Roof
Composition, Rolled Hot Mop
Subdivision
San Diego
County
San Diego
Region
San Diego
Zoning
COMMERCIAL
Original List Price
$995,000
HOA Fees
0.0
MLS #
260022143SD
Property Subtype
ResidentialIncome
Fence
1
Parcel Number
4472801800
MLS #
260022143SD
Date Listed
September 10, 2026
Address
4204 40th St
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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

Provided By
Listed by Nick Atkin (#SAND-652705)
Listing Office: Atkin Homes Corp. (#SAND-8860)

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