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Off market
  • Price Unknown

    3996 Teak St #1, San Diego, CA 92113

    2beds
    1,250sqft
    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,132 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,132/mo

    Zestimate® history
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    $2,132/mo

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    $2,132/mo

    Rent Zestimate®

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    What's special

    Option 3: Punchy and Benefit-Focused (Can be used for social media or flyers) Develop ADUs. Maximize Returns. Mitigate Risk. A one-of-a-kind ground lease opportunity in Center City awaits. Elevated Lot with a View: Build on a property that overlooks Mt. Hope Park and offers a stunning 7-mile view. Approved for 2 ADUs: Eight bedrooms already approved and ready for development. Huge Financial Upside: Tax-Free Capital Gains (Opp Zone), 100% Depreciation, and up to $250,000 in Federal Tax Credits. Low-Risk Model: Our ultra-long-term ground lease eliminates interest rate, refinancing, and debt maturity risks. Immediate Income: Lease includes an existing renovated 2BD/1BA main home and Jr. ADU. Available for Joint Venture or Ground Lease. Contact us today to learn more about this strategic investment. Build ADUs with Unprecedented Financial Advantages in an Opportunity Zone Unlock a prime development opportunity in a strategic Center City location. This unique ground lease offers a developer the chance to build two new ADUs (with eight bedrooms already approved) on an elevated lot with stunning 7-mile views toward Mt. Helix. Take advantage of a Tax-Free Capital Gains opportunity, 100% depreciation on construction, and up to $250,000 in federal tax credits. With a low 2.2% vacancy submarket and a desirable location overlooking Mt. Hope Park, this property is a proven asset. The existing renovated 2-bedroom, 1-bathroom main home and Jr. ADU are also included in the lease, providing immediate income potential. This ground lease model is designed to maximize your returns and mitigate risk. By eliminating debt maturity and refinancing risks, you can achieve better capital efficiency and more predictable, long-term returns.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 9 hours ago

    Listing updated: August 12, 2025 at 10:31am

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,250 sqft

    Property

    Parking
    • Parking features: Attached, Off Street
    • Has attached garage: Yes
    • Details: Contact manager

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & neighborhood

    Location
    • Region: San Diego

    HOA & financial

    Other fees
    • Deposit fee: $9,995

    Other

    Other facts
    • Available date: 08/12/2025

    Price history

    DateEventPrice
    11/16/2024Listing removed$3,995$3/sqft
    Source: Zillow Rentals
    11/1/2024Listed for rent$3,995$3/sqft
    Source: Zillow Rentals

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mountain View

    Nearby schools

    GreatSchools rating