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For sale
  • Price cut: $1.5M (7/31)
    $10,000

    3996 Teak St, San Diego, CA 92113

    3beds
    1,368sqft
    : 
    Residential, Single Family Residence
    Built in 1949
    6,599.34 Square Feet Lot
    $1,483,600 Zestimate®
    $7/sqft
    $-- HOA

    What's special

    Great Opportunity to do a Ground Lease with an Existing Single Family Home with an existing Jr. ADU and an Additional Four Units Approved to build in an Opportunity Zone. $250K in Tax Credits are available. The lot has 100 feet of frontage along Mt. Hope Park with 12 Mile Suburban Views to Mt. Helix during the day and evening. Property is also conveniently located about one mile east of Downtown San Diego. Property is located in a Transit Priority Zone and Opportunity Zone awarding 40% Renewable Energy Tax Credits with the Addition of Solar and Batteries. Permits are ready and done for Four Additional Legal Units to be Built on the Property as ADU's and a Duplex. There is potential of up to a total of 10 units that could be built on the property. Property is located in a Qualified Opportunity Zone. Which means that Investors who have sold stocks, business and real estate can trade into the property and fund the Construction Tax Free within six months of their Original Purchase and Construction can be completed within 30 months. Lessor is a Broker, no Listing Broker.
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    Zillow last checked: 7 hours ago

    Listing updated: August 02, 2025 at 12:26am

    Listed by:

    Steven Prescott DRE # 01495626 858-633-7156,

    Rising Tide Real Estate Inc. 619-300-6945

    Source: CLAW,MLS#: 25572115MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bonus Room, Guest-Maids Quarters, Living Room
    Kitchen
    • Features: Bar
    Heating
    • Central
    Cooling
    • Air Conditioning, Electric
    Appliances
    • Included: Built-In Gas, Gas/Electric Range, Microwave, Oven, Gas Oven, Dishwasher, Gas Water Heater
    • Laundry: In Garage, Gas Dryer Hookup, Gas Or Electric Dryer Hookup
    Features
    • Dining Area, Family Room
    • Flooring: Vinyl Plank
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 1,368
    • Total interior livable area: 1,368 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Above Street Level, Public, On Street, Off Site
    • Garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Balcony, Barbecue
    • Pool features: Fenced
    • Spa features: None
    • Has view: Yes
    • View description: Park/Greenbelt, Trees/Woods, Pasture, Panoramic, Mountain(s), City
    Lot
    • Size: 6,599.34 Square Feet
    • Features: Redevelopment Area, Greenbelt, Canyon, Park Nearby, Preserve/Public Land
    Details
    • Additional structures: Cabana, Attached Guest House
    • Parcel number: 5463301300
    • On leased land: Yes
    • Lease amount: $10,000
    • Land lease expiration date: 3647289600000
    • Zoning: RM-1-1
    • Special conditions: Standard
    • Other equipment: Cable

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farm House
    • Property subtype: Residential, Single Family Residence
    Materials
    • Roof: Asphalt
    Condition
    • Updated/Remodeled
    • Year built: 1949

    Utilities & green energy

    • Sewer: In Connected and Paid
    • Water: In Street

    Community & HOA

    Community
    • Security: Security System Owned, Alarm System
    HOA
    • Has HOA: No
    • Amenities included: Assoc Barbecue, Basketball Court, Tennis Court(s), Paddle Tennis
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $7/sqft
    • Tax assessed value: $482,489
    • Annual tax amount: $5,960
    • Date on market: 7/31/2025
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