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About This Home
This 2-bedroom, 2-bathroom multi-family at 3416 42nd in San Diego, CA is listed for $775,000 ($701 per sqft). Built in 1950, the home offers 1,106 sqft of living space on a 0.12 acres lot.
Excellent value-add investment opportunity! The property consists of two tenant-occupied units on MTM leases currently generating stable, average market rents, offering immediate income with future upside. The front residence is a renovated 2-bedroom, 1-bath home with a private backyard and dedicated driveway providing ample off-street parking.
The rear unit is a modest studio situated toward the back of the lot, complemented by a spacious yard and convenient alley access—ideal for potential expansion or reconfiguration. Additional income potential is supported by a detached garage currently leased to the front unit.
The layout and lot configuration provide flexibility for investors seeking to maximize returns through redevelopment, unit expansion, or ADU addition (buyer to verify all possibilities). An excellent opportunity for investors looking to acquire a performing asset with value-add potential and long-term growth.
Key Features
- Built in 1950
- 0.12 acre lot
Property Details
Amenities
Monthly Cost Estimate
$4,145/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3416 42nd
San Diego, CA 92105
City Heights
Features & Amenities
Exterior Features
Property Details
Views
Parking
Heating
Cooling
Questions & Answers
This 2-bedroom, 2-bathroom multi-family at 3416 42nd is listed at $775,000 ($701/sqft). The estimated monthly payment is $3,358 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.12 acre lot. Exterior Features: Community Features Included: Sidewalks, 0-1 Unit/Acre.
This property is listed by Anthony (Tony) Rogondino and can be reached at 6195189899 or tonyrogondino@gmail.com.
