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$700,000
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Property Description
Price drop to sell. Great investment opportunity in a prime San Diego location! Welcome to 4154 40th Street, a rare fully detached 3-unit property located directly across from a serene park-perfect for morning walks and outdoor activities. The front unit offers 2 bedrooms and 1 bathroom in clean, move-in ready condition. The second unit is a standalone 1-bedroom, 1-bathroom structure, providing privacy and flexibility for rental or extended family use. The third unit, also detached, features 1 bedroom and 1 bathroom with its own private entrance from the rear alley-ideal for added privacy or independent tenancy. The property offers plenty of parking and sits in a high-demand rental area. All units are currently occupied with long-term tenants, and the existing rents are well below market value, presenting strong upside potential for investors looking to maximize cash flow or reposition the property for higher returns.
Full Property Details
Full Property Details for 4154 40th St
General
- Sold For: $700,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25097683
- Added to Site: 281 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
- Appliances: Disposal, Gas Range
Rooms
Other Rooms
- Laundry: Outside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Covered, Driveway, Concrete, Gated
- Parking: Covered, Driveway, Concrete, Gated
Location
- Area: 92105 - East San Diego
- County: San Diego
- Development Name: 92105 - East San Diego
- Driving Directions: Orange Ave & 40th St.
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,464
- Year Built: 1921
Lot Features
- Property View: Park/Greenbelt
- Lot Size (Acres): 0.1221
- Lot Size Source: Assessor
- Zoning: RM-2-5
- Lot Description: Level with Street
Financial Considerations
- Price Per Sq. Ft.: $478.14
- Price Per Unit: 283333
Listed by Advance Estate Realty, Long Nguyen
Sold by Beeyond Realty, Roy Nguyen
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Schools
Schools serving 4154 40th St
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, San Diego, CA 4063 Polk Avenue, San Diego, CA 92105 | K-5 | 0.2 mi |
Wilson Middle School 3838 Orange Avenue, San Diego, CA 92105 | 6-8 | 0.1 mi |
Hoover High School 4474 El Cajon Boulevard, San Diego, CA 92115 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4154 40th St
Date
Details
Price
Change
Source
8/18/2025
Sold
$700,000
-17.65%
MLS
5/14/2025
Price Reduced
$849,999
-10.53%
MLS
5/05/2025
Listed
$949,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4154 40th Street, San Diego, CA 92105 (MLS# OC25097683) is a Multi-Family property that was sold at $700,000 on August 18, 2025. Want to learn more about 4154 40th Street? Do you have questions about finding other Multi-Family real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.

