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3996 Teak St, Logan Heights, CA 92113
$995,000
3996 Teak St, Logan Heights, CA 92113View this property at 3996 Teak St, Logan Heights, CA 92113
3996 Teak StLogan HeightsCA92113
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Property Description
Incredible opportunity awaits with this charming two-story single-family home on a corner lot. Property is Zoned for Multifamily and Multiple Units can be built here. Property is also located in a Transit Priority zone with an Expedited Application Process and Reduced Fees. Originally constructed in 1949, this residence features a delightful layout with 3 bedrooms and 2 bathrooms. The upper level, accessible via the main entrance on Teak St, offers 2 bedrooms, 1 bath, a spacious remodeled kitchen, and an inviting dining and living area with gleaming hardwood floors. Step outside onto the expansive outdoor deck, perfect for hosting gatherings and enjoying outdoor leisure. Convenience is key with a single-car garage and tandem driveway parking available. The lower level, with a separate entrance on 40th St, presents an additional 1 bedroom and 1 bath, providing versatile options for extended family living or rental income potential. What sets this opportunity apart is the ability to build Multiple Multifamily Units or ADU's. Property is located in a Federal Opportunity Zone providing Capital Gains Tax Relief to Failed 1031 Exchange Investors, Capital Gains from Business Sales, Stock Sales, and many other Capital Gains from Business Investments. Lot size spans of 6,600 sq feet, and includes alley access. Property Located in Community Lending Program-Discount rates up to 1.5% based on qualifying terms-available through select lenders. Don't miss out on the chance to own a home with endless possibilities for expansion and income generation!
Full Property Details
Full Property Details for 3996 Teak St
General
- Price: $995,000
- Status: Active
- Type: Single Family
- MLS ID: PTP2400817
- Updated: 4/12/2024
- Days on Market: 80 days
- Added to Site: 80 day(s) ago
Interior
- Rooms/Areas: Entry, Kitchen, Living Room, Main Floor Bedroom
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: San Diego
- Driving Directions: Cross St- S 40th St
School Information
- School District: San Diego Unified
Community
- Community Features: Curbs, Sidewalks, Suburban, Biking, Park
Heating & Cooling
- Cooling Type: None
Utilities
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,368
- Sq. Ft. Source: Public Records
- Year Built: 1949
Unit Information
- Units in Complex: 1
Lot Features
- Property View: Park/Greenbelt
- Lot Size (Acres): 0.1515
- Lot Size (Sq. Ft.): 6,600
- Lot Size Source: Public Records
- Zoning: RM 1-1
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $727.34
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
Listed by Coldwell Banker West, Assaf Avissar
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Schools
Schools serving 3996 Teak St
School District:San Diego Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4041 T St, San Diego, CA 92113 | K-5 | 0.2 mi | |
1098 S 49th St, San Diego, CA 92113 | 6-8 | 1.1 mi | |
4777 Imperial Ave, San Diego, CA 92113 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3996 Teak St
Date
Details
Price
Change
Source
2/13/2024
Listed
$995,000
121.11%
MLS
2/12/2020
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3996 Teak St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,829
3%
$473,029
2%
2022
$5,674
1%
$463,755
2%
2021
$5,635
1166%
$454,662
1256%
2020
$445
2%
$33,537
2%
2019
$438
7%
$32,880
2%
2018
$411
2%
$32,236
2%
2017
$401
2%
$31,605
2%
2016
$393
1%
$30,987
2%
2015
$388
1%
$30,522
2%
2014
$383
—
$29,925
—
2013
$383
—
$29,791
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3996 Teak St
3996 Teak St, Logan Heights, CA 92113 (MLS# PTP2400817) is a Single Family property with 3 bedrooms and 2 full bathrooms. 3996 Teak St is currently listed for $995,000 and was received on February 13, 2024. Want to learn more about 3996 Teak St? Do you have questions about finding other Single Family real estate for sale in Logan Heights? You can browse all Logan Heights real estate or contact a Coldwell Banker agent to request more information.