3416 42nd
Description
Excellent value-add investment opportunity! The property consists of two tenant-occupied units on MTM leases currently generating stable, average market rents, offering immediate income with future upside. The front residence is a renovated 2-bedroom, 1-bath home with a private backyard and dedicated driveway providing ample off-street parking. The rear unit is a modest studio situated toward the back of the lot, complemented by a spacious yard and convenient alley access—ideal for potential expansion or reconfiguration. Additional income potential is supported by a detached garage currently leased to the front unit. The layout and lot configuration provide flexibility for investors seeking to maximize returns through redevelopment, unit expansion, or ADU addition (buyer to verify all possibilities). An excellent opportunity for investors looking to acquire a performing asset with value-add potential and long-term growth.

Send us a message
01494271
(858) 663-6788
Location Map
775,000
3416 42nd, San Diego CA 92105
92105 - East San Diego

- DRE# 01494271
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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate.
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