Price 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.
Sold for $700,000 on 08/18/25
Listing Provided by:
Long Nguyen DRE #01391629 714-933-5686,
Advance Estate Realty
Bought with: Beeyond Realty
$700,000
4154 40th St #56, San Diego, CA 92105
4beds
3baths
1,464sqft
Triplex
Built in 1921
-- sqft lot
$698,400 Zestimate®
$478/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 19, 2025 at 06:09pm
Listing Provided by:
Long Nguyen DRE #01391629 714-933-5686,
Advance Estate Realty
Bought with:
Roy Nguyen, DRE #02096280
Beeyond Realty
Source: CRMLS,MLS#: OC25097683
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Bedroom
- Features: All Bedrooms Down
Heating
- None
Cooling
- None
Appliances
- Included: Disposal, Gas Range
- Laundry: Outside
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,464
- Total interior livable area: 1,464 sqft
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Covered, Driveway, Gated
- Carport spaces: 1
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Average Condition
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Size: 5,319 sqft
- Features: Street Level
Details
- Parcel number: 4473612500
- Zoning: RM-2-5
- Special conditions: Third Party Approval,Bankruptcy Property
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Community
- Community features: Park
Location
- Region: San Diego
- Subdivision: City Heights
Other
Other facts
- Listing terms: Conventional,Contract
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Estimated market value
$698,400