3996 Teak Street
San Diego, CA, 92113
$1,499,000
3 Beds
1 Baths
1,368 SqFt
0.15 Acres
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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 AGENT: Steven Prescott
LISTING BROKERAGE: Rising Tide Real Estate Inc.
3996 Teak Street
San Diego, CA

Property Details

Price:
$1,499,000
MLS #:
25529387
Status:
Active
Beds:
3
Baths:
1
Address:
3996 Teak Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92113loganheights
City:
San Diego
Listed Date:
Apr 23, 2025
State:
CA
Finished Sq Ft:
1,368
ZIP:
92113
Lot Size:
6,600 sqft / 0.15 acres (approx)
Year Built:
1949
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Schools

Interior

Appliances
Dishwasher, Gas Range, Microwave, Oven, Gas Oven
Cooling
Electric
Fireplace Features
None
Heating
Central

Exterior

Association Amenities
Tennis Court(s), Paddle Tennis
Garage Spaces
1.00
Parking Features
Driveway Down Slope From Street, Public, Street, Off Site
Parking Spots
3.00
Pool Features
Fenced
Sewer
Sewer Paid
Spa Features
None
Stories Total
2
View
Park/ Greenbelt, Trees/ Woods, Pasture, Panoramic, Mountain(s), City Lights

Financial

Map

Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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