3996 Teak St, San Diego, CA 92113
3996 Teak St, San Diego, CA 92113
3996 Teak St, San Diego, CA 92113
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$2,995,000
Est. payment /mo
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3 Beds
2 Baths
3,768 SqFt
New

3996 Teak St San Diego, CA 92113

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,768 sqft

Price per Sqft $794

MLS Listing ID 26986675

Style California Bungalow

Bedrooms 3

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1949

Lot Size 3,000 Sqft

Acres 0.1515

Property Sub-Type Single Family Residence

Property Description

Rare income-producing compound in San Diego's Mt. Hope Park neighborhood, just one mile east of Downtown. Perched to capture sweeping 12-mile suburban views stretching to Mt. Helix by day and a glittering city skyline by night, this property delivers four distinct living spaces on one 6,731 sq. ft. lot: an existing single-family home, a Junior ADU tucked beneath it, and two brand-new full-size ADUs finished in a striking modern rowhome style.The main home offers classic single-story living with the flexibility of a lower-level Junior ADU featuring its own private entrance, kitchenette, and full bath, ideal for extended family, a private office, or a rental income stream. At the rear of the lot, accessed via the the sidewalk off S 40th Street, sit two newly constructed, side-by-side 4-bedroom, 2-bathroom ADUs (approximately 1,195 sq. ft. each). Every unit spans two stories with a bright first-floor living, dining, and kitchen layout complete with a wet bar, two bedrooms and a full bath upstairs, two more bedrooms and a second full bath, and private decks off nearly every level to soak in the views. Contemporary James Hardie siding, sleek aluminum-and-mesh-panel railings, durable TPO roofing, and high-efficiency systems throughout give the whole property a polished, low-maintenance, move-in-ready feel from day one. The possibilities here are exactly what you make of them. Live in the main home and lease the rest for substantial rental income of up to $18,000 per month! House multiple generations of family across the main home, JADU, and ADUs while maintaining separate entrances and privacy for everyone. Or hold all four units as a turnkey investment property in one of San Diego's most convenient, up-and-coming corridors. Ample off-street parking is available via the private driveway and rear alley access, in addition to on-street parking along Teak Street and S 40th Street. Investors should also take note: California's new AB 1033 law allows qualifying ADUs to be mapped and legally sold as separate condominiums with local agency approval, opening a compelling path to unlock even more value down the road (buyer to independently verify eligibility, process, cost, and timeline with the City of San Diego). With quick access to Downtown San Diego, Balboa Park, and the region's major freeway corridors, this location offers the rare combination of a quiet, view-oriented residential setting with true urban convenience. Whether you're an investor seeking strong rental income from day one, a multi-generational family wanting separate but connected living spaces, or a buyer drawn to the future upside of California's evolving ADU condominium laws, 3996 Teak Street is a one-of-a-kind opportunity you won't find twice. Four living spaces, endless possibilities. Schedule your private showing today. Property is located in a qualified opportunity zone and available for Business, Stock and Real Estate Capital Gains Deferral prior to estimated CofO 11/15/26.

Location

State CA

County San Diego

Area San Francisco

Zoning RM-1-1

Rooms

Other Rooms Cabana

Dining Room 0

Kitchen Granite Counters

Interior

Heating Central

Cooling Air Conditioning, Electric

Flooring Vinyl Plank

Fireplaces Type None

Equipment Alarm System, Cable, Dishwasher, Gas Dryer Hookup, Gas Or Electric Dryer Hookup

Laundry Garage

Exterior

Parking Features Above Street Level, Public, On street, Offsite

Garage Spaces 3.0

Pool Fenced

Amenities Available Assoc Barbecue, Basketball Court, Tennis Courts, Paddle Tennis

View Y/N Yes

View Green Belt, Trees/Woods, Park, Pasture, Panoramic, Mountains, City

Roof Type Asphalt

Building

Lot Description Redevelopment Area

Story 2

Sewer In Connected and Paid

Water In Street

Architectural Style California Bungalow

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Rising Tide Real Estate Inc.

NEARBY SCHOOL & BUSINESS

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Roxana Fierro

Roxana Fierro

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+1(702) 576-1282

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3996 Teak St