3996 Teak Street, San Diego, CA 92113 - Berkshire Hathaway HomeServices California Properties

3996 Teak Street, San Diego, CA 92113

$1,499,000 Approx. USD 3 beds, 1 baths
1,368 sqft

New Listing

Listing Agent


Steven Prescott | steven@risingtiderealestateinc.com
Lic#: 01495626
Broker: Courtesy of Rising Tide Real Estate Inc.

Agent Remarks

Great Opportunity to buy an Existing Single Family Home with a Jr. ADU. The Lot has 100 feet of frontage along Mt. Hope Park with 12 Mile Suburban Views to Mt. Soledad during the day and evening. Property is also conveniently located about one mile east of Downtown San Diego. Property is located in a Transit Priority Zone and Opportunity Zone. 40% Renewable Energy Tax Credits with the Addition of Solar and Batteries. There are current plans for an Four Additional Legal Units to be Built on the Property as ADU's and Duplex. Permit expected very shortly. There is potential of up to a total of 10 units that could be built on the property. Buyer to verify with Architectural and Zoning experts. Property is located in a Qualified Opportunity Zone. Which means that Investors who have sold stocks, business and real estate can trade into the property and fund the Construction Tax Free within six months of their Original Purchase and Construction can be completed within 30 months. Seller is a Broker, no Listing Broker. Buyer Broker paid 6.00% of Sale Price. $1,499,000.00 No Tours unless a written offer is presented with Proof of Funds All Cash.

Listing Details

Trust & Probate
Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25529387
Price: $1,499,000
Beds: 3
Baths: 1 (1 full)
None fireplaces
Built in 1949
1,368 sqft
2 stories
0.15 acres
Lot size: 0.1515
County: San Diego
Zoning: RM-1-1
Interior features: Separate/Formal Dining Room
Appliances: Dishwasher,Gas Oven,Gas Range,Microwave,Oven
Parking description: Driveway Down Slope From Street,Off Site,Public,On Street
Heating/cooling: Electric
Heating description: Central
MLS area: 92113 - Logan Heights
Furnished: Furnished

Last Updated: 4/23/2025

 Days On Market (DOM): 5

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This listing belongs to the 92113 - Logan Heights MLS area

Lat/Long: 32.700594, -117.108223.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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