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3996 Teak Street, 
San Diego, CA 92113

$1,499,000


3

Beds


1

Bath


1,368

Sq Ft


Single Family

Active

Listed by

Steven Prescott

Rising Tide Real Estate Inc.

steven@risingtiderealestateinc.com

Last updated:

May 2, 2025, 02:32 PM

MLS#

CL25529387

Source:

CA BRIDGEMLS

About This Home

3996 Teak Street

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.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1949

Price Summary

1,499,000

$1,095 per Sq. Ft.

MLS #:

CL25529387

Last Updated:

May 2, 2025, 02:32 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,368 Sq. Ft.


Structure

Structure

Architectural Style:

Single Family Residence

Building Area:

1,368 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

6,599


Finances & Disclosures

Finances

Price:

$1,499,000

Price per Sq. Ft:

$1,095 per Sq. Ft.

Source:CA BRIDGEMLS
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