4040-42 35th St - San Diego, CA

This exceptional two-unit property is ideal as a home with income potential or a developer’s dream! Live in one unit and rent the other or take full advantage of the R-3 zoning. Enjoy a spacious, private fenced backyard, four off-street parking spaces in the rear, plus two in the front. Tucked behind the main residence, is a charming one-bedroom guest house offering 720 square feet of renovated living space. As a fully detached and private structure, it’s ideal for extended family, guests, or potential rental income. The fully equipped kitchen is perfect for cooking and entertaining, while the private backyard provides ample space to relax and enjoy the outdoors. This two-unit property generates a consistent, documented annual income of $90,000, even with part-time use of the main unit by the owner. Rental history and income records are available upon request—perfect for buyers seeking a turnkey investment with strong cash flow from day one. Whether you're a homeowner, investor, or builder, this property offers flexibility and opportunity. Come see the potential for yourself!

$1,739,500

2 Homes / 4 Baths Total

1812 Sq Ft -1112 Square Feet + 720 Square Feet

Located just minutes from Downtown, North Park, and major freeways (I-15, I-805, I-8), City Heights offers convenient access to the rest of San Diego. With plenty of local shops, parks, and public transportation options, City Heights is a great place for living - numerous grassroots organizations, community gardens, and local improvement projects that reflect a strong sense of neighborhood pride. The area includes popular parks like Colina Del Sol and the City Heights Urban Village, offering sports facilities, libraries, and youth programs.