1040-1042 Redwood Street new

San Diego,CA 92103

$ 2275000

4 Beds

2 Baths

0 SqFt


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

Exterior

Fence Other/Remarks

View Y/N No

Roof Type Other/Remarks

Building

Story 2

Others

Special Listing Condition Other/Remarks

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