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Investor opportunity in a prime San Diego location! Welcome to 4154 40th Street, a rare fully detached 3-unit property located directly across from a serene park—perfect for morning walks and outdoor activities. The front unit offers 2 bedrooms and 1 bathroom in clean, move-in ready condition. The second unit is a standalone 1-bedroom, 1-bathroom structure, providing privacy and flexibility for rental or extended family use. The third unit, also detached, features 1 bedroom and 1 bathroom with its own private entrance from the rear alley—ideal for added privacy or independent tenancy. The property offers plenty of parking and sits in a high-demand rental area. All units are currently occupied with long-term tenants, and the existing rents are well below market value, presenting strong upside potential for investors looking to maximize cash flow or reposition the property for higher returns.
Property Type(s):
Residential Income
| Last Updated | 5/6/2025 | Tract | City Heights |
|---|---|---|---|
| Year Built | 1921 | Community | East San Diego |
| County | San Diego |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Disposal, Gas Range |
| AREA | East San Diego |
| GARAGE | Concrete, Covered, Driveway, Gated |
| HEAT | None |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down |
| LOT | 5319 sq ft |
| LOT DESCRIPTION | Street Level |
| PARKING | Concrete,Covered,Driveway,Gated |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | City Heights |
| UTILITIES | Electricity Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Park/Greenbelt |
| WATER | Public |
| ZONING | RM-2-5 |
Location
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Listed with Advance Estate Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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