$2,275,000
Est. payment /mo
4 Beds
2 Baths
New
1040-1042 Redwood Street San Diego, CA 92103
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 250033412
Bedrooms 4
Year Built 1942
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the heart of Mission Hills, 1040-42 Redwood Street offers a rare blend of existing income and future development upside. The property features a fully rented duplex comprised of two spacious 2-bedroom, 1-bathroom units with a detached garage, generating steady in-place income from day one. Set on an approximately 8,749 SF lot (87.5' x 100'), the site is zoned RM-2-5 with a CCHS Tier 3 overlay allowing a 6.5x FAR and FAA clearance. Mission Hills continues to see strong growth, supported by its walkability, central location, and proximity to major job centers. With its classic charm and development-friendly zoning, this property is well-suited for investors looking to capitalize on both immediate cash flow and long-term potential.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Cooling Other/Remarks
Fireplace No
Exterior
Fence Other/Remarks
View Y/N No
Roof Type Other/Remarks
Building
Story 2
Level or Stories 2
Others
Tax ID 451-543-05-00
Special Listing Condition Other/Remarks
Listed by Aaron Bove Marcus & Millichap