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Listed By:
Steven Prescott with Rising Tide Real Estate Inc.; 858-633-7156
Address
3996 Teak Street, San Diego, CA
Price
$ 2,995,000
Property Attributes
  • MLS#26986675
  • TypeSingle Family
  • Listing Status Active
  • CountySan Diego
  • CitySan Diego
  • Area Logan Heights
  • Zip92113
  • Style
  • Year Built1949
  • Price$ 2,995,000
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3768
  • Lot Size0.0689 Acres
Data Source:
California Regional MLS (CRMLS)
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.

Price History
9/10/2026 Listed $2,995,000

General Features

Living Area 3768
Sewer Sewer Tap Paid
Heating Central
Cooling Electric
Possession Close Plus 3 Days
Appliances Dishwasher,Gas Oven,Gas Range,Microwave,Oven
Zoning RM-1-1
Garage Spaces 1
Patio/Porch Features Deck
Pool Features Fenced
Year Built 1949
View City Lights,Park/Greenbelt,Mountain(s),Panoramic,Pasture,Trees/Woods
Stories Count 2
Levels Two
Property Subtype Single Family Residence
County San Diego
New Construction false
Property Type Residential
Association Amenities Paddle Tennis,Tennis Court(s)
HOA false
Facing Direction East
Garage Y/N true
Full Baths 6
Special Listing Conditions Standard
Status Active
Directions 40th and Teak Street
City San Diego
Senior Community Y/N false
Open Parking Spaces 2
MLS Area 92113 - Logan Heights
Lot Size Units Square Feet
Lot Size Square Feet 3000
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Updated/Remodeled
Additional Parcels Y/N false
Lease Considered Y/N true
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Single Family Residence
Land Lease Amount Frequency Annually
PostalCity SAN DIEGO

Interior Features

Interior Amenities Separate/Formal Dining Room
Furnished Y/N Furnished
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Total Bedrooms 11
Total Baths 6

Exterior Features

Parking Features Driveway Down Slope From Street,Off Site,Public,On Street
Total Parking 3
Lot Size Area 3000
Spa false
Building Area Total 3768
Lot Size Acres 0.0689

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92113

Price
AVG $700K
$3M
Year Built
AVG 1977
1949

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