$2,050,000
$2,275,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
SOLD DATE : 10/02/2025
Key Details
Sold Price $2,050,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 250033412
Sold Date 10/02/25
Bedrooms 4
Full Baths 2
Year Built 1942
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the heart of Mission Hills, 1040-42 Redwood Street offers a rare blend of existing income and future development upside. The property features a fully rented duplex comprised of two spacious 2-bedroom, 1-bathroom units with a detached garage, generating steady in-place income from day one. Set on an approximately 8,749 SF lot (87.5' x 100'), the site is zoned RM-2-5 with a CCHS Tier 3 overlay allowing a 6.5x FAR and FAA clearance. Mission Hills continues to see strong growth, supported by its walkability, central location, and proximity to major job centers. With its classic charm and development-friendly zoning, this property is well-suited for investors looking to capitalize on both immediate cash flow and long-term potential.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Cooling Other/Remarks
Fireplace No
Exterior
Fence Other/Remarks
View Y/N No
Roof Type Other/Remarks
Building
Story 2
Level or Stories 2
Others
Tax ID 451-543-05-00
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Special Listing Condition Other/Remarks
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Aaron Bove Marcus & Millichap
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "